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AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: First tranche closing non-brokered private placement

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Re: First tranche closing non-brokered private placement

posted on Sep 04, 09 10:35AM

I think it comes down to a potential low cost environment. You see the labour, the equipment and all the fixed costs will be lower than in first world countries and the end product is a globally priced commodity. So you are essentially being paid to take on additional risk by the way of higher margins.

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