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Ann: KLL: Stratgic process update, page-14

  1. 6,495 Posts.
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    Hi Pseudo,
    I think further support for potash is unreasonable.
    As you say , it is very high risk , probably much higher risk than helping the established industries.
    And I am not sure that apart from short term royalty and tax relief , they deserve public money either , and even that, only as a short term measure to safeguard employment.
    Time for RWD to recapitalise and find a way to commercialise their process, hopefully in association with the other players.
    That is likely to produce an unpalatable amount of dilution and decrease in control.
    So be it.



 
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