The third time will hopefully be the charm for Patriotic Energies and Technologies.
A GML report today claims that the company, which had to go back to the drawing board on their second bid, is ready with its third and final bid for the Guaracara refinery.
The report further states that the company has written to the Minister of Finance seeking a meeting with him as soon as possible to present the proposal.
This news comes as their 15 day deadline ends Friday.
On the last occasion, government was not satisfied that Patriotic had the US$500 million proposed purchase price cash for the refinery and couldn’t provide evidence of their ability to pay.