it's an interesting path each has chosen, both have the same destination. WKT has raised money and is pushing forward with early works to get a plant up and running, it's a double edged sword, its a positive statement to the government to grant FCI(free carried interest), as your are a credible player, its also dangerous because now your all in and the government has you over a barrel, you spent a lot of money, but you can't actually go into production, so you your very exposed.
BKT is taking different approach, working to get FCI, but focusing on the other things you need to do outside of country, so that when the agreements are signed all the other ducks are in a row for a fast and effective start.
i will be fascinated to see who was right (though both may end up in the same position, they can both win...or lose)
BKT Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
