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[C] The Plan
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[CAA] Feasibility Study
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The purpose of the
feasibility study and the initial 120K is to bridge the gap between
development to date and the start of project.
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The key ingredient
that's missing is input from Mozambique's government, without which
we can't go any further.
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Estimate for cash
requirements for the feasibility study is 120K, a relatively small
amount for a commercial investor to supply.
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There is an advantage
to finding a project services company who could fund the
feasibility study as an investment with the potential to attach
themselves to the hundreds of projects that the venture would be
accessing, for service opportunities.
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The feasibility study
could also be funded by the government who could place one or more
directors into the board of the venture for close monitoring and
involvement.
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There will still be
need for investment for the venture as it gets underway. The amount
of investment needed with current projections is 800K but this will
change as a result of the feasibility study.
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