Is Cadlao really part of Philippines? See below web page.This...

Is Cadlao really part of Philippines? See below web page.

This could be a risk most financiers are not willing to take.
There is the risk of war with China this has been brewing for around 2 years now.

Also Raisama put in nil equity.

http://www.radioaustralianews.net.au/stories/201205/3501400.htm?mobile

I reckon there is very little chance of finance being obtained.

Also if they can reduce Raisamas ownership down by 25%, then the local financier Legavi maybe able to get a bite of the cherry.
It's the Philippines and trickery is the norm.