GREY:ADEXF - Post by User
Comment by
rpdelucaon Aug 21, 2012 12:18pm
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Post# 20242188
RE: RE: RE: RE: RE: re: PR
RE: RE: RE: RE: RE: re: PR They are not giving away 50% of the project for only $5 million. They would have to go through the entire 3 phases and then sign a JV agreement before any perecent in ownership is confirmed. Hence a JV is formed once Xinxing has invested $20 million across the 3 phase program