The Beyondie project is a new site and ready to go, had already produced some SOP and were at producing 90-120,000tpa the problem they made was mechanical harvesting became to expensive to make it viable, RWD will pick up this $400m+ ready to go operation for $20m and with some tweaks which revolves around the new RWD technology will have a viable producing operation - 90,000tpa equates to approx $50m, $120,000tpa equates to $64m…..changes everything for RWD and also for the Australian SOP. IMHO this marks an important milestone not only for RWD but for the Australian SOP industry as a whole because of how the RWD will reduce production costs and also because of the ever increasingly more important carbon footprint. SOP production from the Mannheim process is not ESG friendly but SOP from evaporation is totally ESG friendly - farmers and companies around the world will increasingly want to source their SOP requirement from ESG friendly low carbon footprint sources.
RWD Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
