Joint Venture (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |
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Jun. 08, 2015 |
Sep. 30, 2015 |
Sep. 30, 2015 |
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Joint Venture [Abstract] | |||
Payments to acquire interest in joint venture | $ 180,000 | $ 1,100,000 | |
Ownership percentage | 63.00% | 63.00% | |
Description of joint venture ownership interest percentage |
The Company will retain a minimum of 37% after having purchased the 10% interest held by its local partner.
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Amount received under joint venture | $ 59,991 | ||
Description of joint venture | The Farm-out period is until (i) investing the Farm-out amount of $1.1 million in cash or (ii) the completion of the Plant and Infrastructure set up and (iii) government authorization to begin commercial operations. |
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- Definition Description of joint venture ownership interest percentage. No definition available.
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- Definition With respect to a business combination completed during the period, this element provides a description of the business, other than the name, which may include the industry, size, products and other important information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from the sale of an investment interest in a joint venture that the reporting entity has not previously accounted for using consolidation or the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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