Stability28 Nov 2018 09:52
So everyone who wants out dumped and there is a bit of stability.
The fearmonger derampers are having the morning off.
We've still all the things coming we expected...
The NF Gov will be doing a more formal announcement and press event, you'd have to think this week.
After this we can begin to fill in the blanks about what goes where, who is funding it and who is buying the product.
We know that there is a deal in the offing to sell biomass into the Asian market via GRPs stockpiles. This can be done immediately whilst we ramp up CS production from there. This means very near term revs and profit to fund the business
We know PeatSwitch grow tests with Kellogg were nearly finished and you have to assume we've not heard as they are finalising a deal with them
Similarly with YLF, we are finishing that deal = profit and money in the bank
Alberta isn't just a black void, they have been very active and that deal is nearing completion. 5mill hectares is the largest deal in the world of its type.
Poland need CS asap, the EU are about to give Cobant/JV a grant to expedite it.
These are all things we can reasonably expect to hear news from in the very near term. The BoD have learnt their lesson not the RNS MOUs or nearly complete deals anymore so we just hear at the very end, which makes it seem like nothing is happening at all. Although they seem aware that we would appreciate an update.
ONWARDS