RE: TinPotTrader. Looks to me like11 Oct 2018 18:25
Hello. Sorry I did not get back to you sooner. I appreciate the effort you put in to do with this board.
I would not be at all surprised if US Methanol, who bought the methanol plant years ago intending to move it to Virginia, USA have had problems getting permits from the authorities on Slovenia. RING ANY BELLS!!!. I know they bought two methanol plants to move to the USA. One in Brazil, the other right next the Ascent in Slovenia. I also know for a fact they ORIGINALLY intended to move the Slovenian one first. However they moved the Brazilian one first for some reason...........It has been moved and is close to being started up last time I checked, about a month back. I remember when they bought it some of the locals accused tham of buying it to move it. This was originally DENIED by them I read!!! Hmmmm. Bottom line is I would not be surprised if thay have been effectiely stopped from moving it by the Slovenian authorities. Maybe a permit is involved. I don't think any Ascent share holders would be too surprised.
If they are stopped from moving it they can either moth ball it, sell it, or re-start it. The last option would be a dream come true for Ascent of course!!!
All IMHO.