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	Comments on: They&#8217;re going to build a power station by March. And they haven&#8217;t even started yet.	</title>
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	<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
	<lastBuildDate>Thu, 26 Jun 2014 14:23:51 +0000</lastBuildDate>
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		<title>
		By: Larry Walker		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2198109</link>

		<dc:creator><![CDATA[Larry Walker]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 14:23:51 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2198109</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190636&quot;&gt;canon&lt;/a&gt;.

Its also possible that they are talking of a painting of a gas power station.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190636">canon</a>.</p>
<p>Its also possible that they are talking of a painting of a gas power station.</p>
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2196743</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 00:46:02 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2196743</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190902&quot;&gt;ciccio&lt;/a&gt;.

Gary, very interesting links.

Your quote from Proactive Investors reminds me of the following quote from Malta Today:

&quot;Dalli said the story, appearing first in the International Herald Tribune, was replete with insinuations that he was trying to move millions of dollars to the Bahamas. 

&quot;These millions of dollars did not exist. On the 8 July I discussed the objectives of the proposed philanthropic project to get an understanding of what its pertinence [was]. No funding was discussed. In August I again visited. I met Mr Barry Connor for the first time as he was visiting the house every day. Discussions were very open and in front of everyone present. When potential funds and their management were mentioned, Mr Connor stated that he was the beneficiary of a trust in the Bahamas and that that fund can be used. I asked how trusts in the Bahamas work.&quot; 

Dalli, who told the Herald that he was given voluntary advice on a philanthropic initiative with Africa as its target continent, said that in the Bahamas he talked about &quot;an innovative cheap power generation that would be very useful to be used in the project.&quot; &quot;

MaltaToday, 2 July 2013.

http://www.maltatoday.com.mt/news/national/28034/dalli-offers-power-of-attorney-for-meps-to-verify-bahamas-denials-20130702]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190902">ciccio</a>.</p>
<p>Gary, very interesting links.</p>
<p>Your quote from Proactive Investors reminds me of the following quote from Malta Today:</p>
<p>&#8220;Dalli said the story, appearing first in the International Herald Tribune, was replete with insinuations that he was trying to move millions of dollars to the Bahamas. </p>
<p>&#8220;These millions of dollars did not exist. On the 8 July I discussed the objectives of the proposed philanthropic project to get an understanding of what its pertinence [was]. No funding was discussed. In August I again visited. I met Mr Barry Connor for the first time as he was visiting the house every day. Discussions were very open and in front of everyone present. When potential funds and their management were mentioned, Mr Connor stated that he was the beneficiary of a trust in the Bahamas and that that fund can be used. I asked how trusts in the Bahamas work.&#8221; </p>
<p>Dalli, who told the Herald that he was given voluntary advice on a philanthropic initiative with Africa as its target continent, said that in the Bahamas he talked about &#8220;an innovative cheap power generation that would be very useful to be used in the project.&#8221; &#8221;</p>
<p>MaltaToday, 2 July 2013.</p>
<p><a href="http://www.maltatoday.com.mt/news/national/28034/dalli-offers-power-of-attorney-for-meps-to-verify-bahamas-denials-20130702" rel="nofollow ugc">http://www.maltatoday.com.mt/news/national/28034/dalli-offers-power-of-attorney-for-meps-to-verify-bahamas-denials-20130702</a></p>
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2196696</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 00:21:51 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2196696</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2196005&quot;&gt;Paul Hu Lim&lt;/a&gt;.

What are your public sources?  The one about an Azerbaijan company buying GASOL?  Can you link any internet sources?

And can you tell us more about the BBC programme about GASOL?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2196005">Paul Hu Lim</a>.</p>
<p>What are your public sources?  The one about an Azerbaijan company buying GASOL?  Can you link any internet sources?</p>
<p>And can you tell us more about the BBC programme about GASOL?</p>
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		<title>
		By: Paul Hu Lim		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2196005</link>

		<dc:creator><![CDATA[Paul Hu Lim]]></dc:creator>
		<pubDate>Wed, 25 Jun 2014 19:13:32 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2196005</guid>

					<description><![CDATA[These discussions are very interesting.

In the GASOL brochure they show Dr. Rilwanu Lukman as being a KBE which in UK terms is most interesting. You may wish to look at this.

In the GASOL notice to shareholders (the Public and Others) they talk of de-Listing but do not give any compensation for doing this. This implies that the shares are to be de-moneterised and from all accounts may be worth just one eurocent each. This means that their valuation will be written off. We wonder what BDO are doing. They will be tarnished by this exercise.

GASOL is shown as being sold off to the Azerbaijan company in the press in Azerbaijan, but it cannot complete the issue until it is de-listed.

The WAGP programme is not going to happen. The Ivory Coast has withdrawn.

With such a mess financially what does Daphne now think about this issue? 

A BBC programme is being organised to investigate GASOL and it looks as though this will not be available until after the de-Listing. Hmm? Interesting Stuff.

The press this week showed that the construction work was to be completed by March 2015. With 9 months to go this will be absolutely amazing. No orders have been placed by the GASOL company for any work, because they have no liquidity. 

ElectroGas Malta Ltd cannot place any orders because it is not even set up as a company nor have the directors been appointed and a board meeting convened to confirm its status.

Now we allegedly hear that the Federal Exchange in the USA is currently investigating the affairs of the company and its dealings.]]></description>
			<content:encoded><![CDATA[<p>These discussions are very interesting.</p>
<p>In the GASOL brochure they show Dr. Rilwanu Lukman as being a KBE which in UK terms is most interesting. You may wish to look at this.</p>
<p>In the GASOL notice to shareholders (the Public and Others) they talk of de-Listing but do not give any compensation for doing this. This implies that the shares are to be de-moneterised and from all accounts may be worth just one eurocent each. This means that their valuation will be written off. We wonder what BDO are doing. They will be tarnished by this exercise.</p>
<p>GASOL is shown as being sold off to the Azerbaijan company in the press in Azerbaijan, but it cannot complete the issue until it is de-listed.</p>
<p>The WAGP programme is not going to happen. The Ivory Coast has withdrawn.</p>
<p>With such a mess financially what does Daphne now think about this issue? </p>
<p>A BBC programme is being organised to investigate GASOL and it looks as though this will not be available until after the de-Listing. Hmm? Interesting Stuff.</p>
<p>The press this week showed that the construction work was to be completed by March 2015. With 9 months to go this will be absolutely amazing. No orders have been placed by the GASOL company for any work, because they have no liquidity. </p>
<p>ElectroGas Malta Ltd cannot place any orders because it is not even set up as a company nor have the directors been appointed and a board meeting convened to confirm its status.</p>
<p>Now we allegedly hear that the Federal Exchange in the USA is currently investigating the affairs of the company and its dealings.</p>
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		<title>
		By: Gary		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2195147</link>

		<dc:creator><![CDATA[Gary]]></dc:creator>
		<pubDate>Wed, 25 Jun 2014 12:31:15 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2195147</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190902&quot;&gt;ciccio&lt;/a&gt;.

On point 1,

Notice to shareholders as issued by Gasol.

http://www.gasolplc.com/media/19149/gasol_shareholder_circular_23_june_14_final.pdf]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190902">ciccio</a>.</p>
<p>On point 1,</p>
<p>Notice to shareholders as issued by Gasol.</p>
<p><a href="http://www.gasolplc.com/media/19149/gasol_shareholder_circular_23_june_14_final.pdf" rel="nofollow ugc">http://www.gasolplc.com/media/19149/gasol_shareholder_circular_23_june_14_final.pdf</a></p>
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		<title>
		By: leonard		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2194551</link>

		<dc:creator><![CDATA[leonard]]></dc:creator>
		<pubDate>Wed, 25 Jun 2014 08:24:16 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2194551</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190710&quot;&gt;Sparky&lt;/a&gt;.

And do you know why, because now we have the taghna lkoll attitude.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190710">Sparky</a>.</p>
<p>And do you know why, because now we have the taghna lkoll attitude.</p>
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		<title>
		By: Kris		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2193534</link>

		<dc:creator><![CDATA[Kris]]></dc:creator>
		<pubDate>Tue, 24 Jun 2014 22:49:36 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2193534</guid>

					<description><![CDATA[If I recall correctly Joseph Muscat promised to resign if the new power station isn&#039;t ready this March.]]></description>
			<content:encoded><![CDATA[<p>If I recall correctly Joseph Muscat promised to resign if the new power station isn&#8217;t ready this March.</p>
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		<title>
		By: Gaetano Pace		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2193357</link>

		<dc:creator><![CDATA[Gaetano Pace]]></dc:creator>
		<pubDate>Tue, 24 Jun 2014 21:37:26 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2193357</guid>

					<description><![CDATA[In plain Maltese thought and plain English language, it simply and plainly stinks.]]></description>
			<content:encoded><![CDATA[<p>In plain Maltese thought and plain English language, it simply and plainly stinks.</p>
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		<title>
		By: observer		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2193354</link>

		<dc:creator><![CDATA[observer]]></dc:creator>
		<pubDate>Tue, 24 Jun 2014 21:36:42 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2193354</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2192172&quot;&gt;BFG&lt;/a&gt;.

I would rather say &#039;operating at the lowest level of his professional incompetence&#039;.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2192172">BFG</a>.</p>
<p>I would rather say &#8216;operating at the lowest level of his professional incompetence&#8217;.</p>
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		<title>
		By: Sandra		</title>
		<link>https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2193138</link>

		<dc:creator><![CDATA[Sandra]]></dc:creator>
		<pubDate>Tue, 24 Jun 2014 20:16:10 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=49074#comment-2193138</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190636&quot;&gt;canon&lt;/a&gt;.

Or flat-pack like Ikea]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/06/theyre-going-to-build-a-power-station-by-march-and-they-havent-even-started-yet/#comment-2190636">canon</a>.</p>
<p>Or flat-pack like Ikea</p>
]]></content:encoded>
		
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