DEL 0.00% 4.0¢ delorean corporation limited

Ann: DEL Enters Landmark Collaboration Agreement with Brickworks, page-81

  1. 226 Posts.
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    Yes, very well said. Just to provide my thought on yours and others questions regarding why Planum Partners is taking so long, I think this sentence from Joe in a recent interview sums it up:

    "We're working with financiers around understanding how the market operates, and there's been a lot of due diligence on the projects that we've got, the pipeline of projects."

    With them pioneering Biogas in Australia investors want to know how it will work in this country and whether it will be profitable. The technology works we know that, but unlike overseas there is no established market here in Australia. While it is frustrating waiting (especially while the share price takes a hit as the general market is selling off growth stocks) its also a good thing that there are multiple sets of eyes looking over the figures. When they announce funding it should be a clear sign that the numbers are good, and they didn't just rubber stamp it. It should give us investors confidence that the projects are solid.

    I posted the full quotes in another thread but I'll report here too:

    I the Off the Charts interview on 13/4/22 with 180 Markets Joe Oliver's states:

    "We're dealing with everybody from the main banks through to the green banks overseas and here in Australia. What we are doing is we're pioneering a space that we have been educating the market for the past 8 years. There is only a handful of facilities here in Australia compared to the rest of the world. The UKs got just short of 1,000 facilities, Germanys got I think its about 5,000 facilities and same with America and Asia. Compared to a handful in Australia, so it is a different market place. We're working with financiers around understanding how the market operates, and there's been a lot of due diligence on the projects that we've got, the pipeline of projects."

    In the proactive interview from 26/5/22 Hamish also states:

    "We've engaged Planum Parters a specialist in project finance for some months now, the good news is we're coming to the tail end of that and we expect to be in a place to be announcing project financing for that project pipeline in the not too distant future, which really minimizes capital overhang. So we're excited to be well advanced in the financing of this whole pipeline of projects."
    Last edited by emptytrolly: 27/06/22
 
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