Monday, October 05, 2015

Power plants and power plants

Its absurd that "explanations" were given to foreign businessman but not to one own's citizens who is constantly demanding for it. Are these "explanations:" fishing tactics just to pull in more bait or citizens does not have the right to know?

At the right things are going, of course it can be settle by years ends. When a company is selling its assets to boost cash flow, to be able to publish accounts in the black there is only one reasonable end to be expected.

The closure of the investment vehicle for a "profit".

When all the power assets are sold. be it to foreigners or locals. Mind you that a sovereign country wouldnt allow too high a percentage of foreign own power plants. Protectionism at its best. However, maybe our heads are very liberal minded and are firm believers of free markets. That's why for the first time maybe, power plants may be majority owned by foreigners!

Cash is king.

Selling all these assets, will provide some cash to fill in the hole. If Edra successfully lists on the stock market, you can be certain that he will have enough to "proof" that he resolved the matter.

However, what can be done? filthy lawmakers without backbone dancing to the tune of his harp. Singing his every word, breathing his every fart. He is buying time and with society behind shallow and possess a short term memory, he could even be hailed as a hero this time next year.

What can be done?

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