Companies that have the dollars to make a BCP happen will not invest until they are assured that the Government(s) are committed to creating the BCP and one start to that is the ALDP funding.
It has been discussed to death, but those that are pinning their "only" hopes on a successful slice of the ALDP pie will continue struggling to comprehend...
...Tata who back Exergen have the "fire power" to make a BCP a reality, but they won't do so until they can be assured that the Govt is committed to make that happen by:
a) making funding available and
b) ensuring a future coal supply.
That would be ALDP and S7, both are within the Government's control.
What the ALDP is not about is handing good money after bad and supporting BCE tech Co's that struggle to support themselves.
Does Tata need ALDP?
Not from a cash perspective it doesn't for mine...the ALDP funding is just a drop in the ocean when compared to the billions required to invest...
...but it is an important drop nonetheless...
...and a modicum of common sense would have reasoned that out already.
Cheers K
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