Hi pies,
1) We are unsure as yet what the implications are regarding increased costs of insurance, however, Im sure there will be some increases.
2) Unsure what exactly you mean by tax credits? If you mean R&D tax incentive credits, that number isn't calculated as a credit until we submit the FY20 tax return.
3) The company is confident that BM can operate at the increased capacity. Without issues? There is never an absence of issues when constructing and commissioning a plant like ours where we are still testing a process for the first time at that scale. That being said, on balance, I think we are confident we can tackle and overcome any issues that may arise.
4) Customers for off-take of product are generally unrelated to the share price, so we are confident we can attract those.
5) Our plant isn't operating at the moment so we are not producing Coldry for sale. However, a sales update will be announced to the market in early January ahead of the construction of the plant.
6) It wouldn't be fair to those ELF borrowers whom have paid down their loan to now let the current ELF participants pay down at a significantly marked down rate. We are planning on announcing some relief for these positions but it wont be to the extent you have indicated.
Regards
ECT_Rep
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