Thanks for that, Biffa. We've heard from the management today in some detail and it's clear there were project control issues which are being resolved by bringing in some serious financial and project management muscle to bring the project to a successful conclusion. Barclays certainly haven't pulle...

Thanks for those comments - anything more specific than ' rumblings' ?

Yes, Paul, I agree - many thanks for taking the trouble to reply

Michael

Thanks for the link. Yes I did know about that site and comments there gave me some concern - hence my query hoping someone in the Carvoeiro area could give me some reassurance or otherwise.

Michael

Does anyone have any up to date information on the Vale d'Oliveiras development near Gramacho / Pestana in Sesmarias?

We contracted to buy a quarter share there some time ago but although the site is finished the licencing seems to be taking an age.