Couple are in real trouble at the moment ABJ and ARW are on the death bed if the recently proposed funding doesn't go ahead.
The deals are real desperate and really the funds they are trying to raise are too little to turn things around.
We should be thankful that Beatrice is fully funded, the technology is proven, off take agreements are in place.
Interesting that 60% of the funds raised in the recent issue for Beatrice are London / Europe based so when the next fund raising / loan's occur for Europe venture there shouldn't be an issue. Perhaps a dual listing on the London Exchange considering some large shareholders are London Based.
Still need clarification as to how much the European venture is going to cost though, initial 20% ownership of the Austrian Biodiesel Plant, surely they are either desperate for funds (which we don't have lets be honest) or hope to raise funds via AAE (which is not going to be easy until Beatrice is up and running).
Still need clarification on the Agri Corn Farm business that will provide more than 50% of the input for the Swan Hill Ethanol plant.
Hmmmm, alot of future plans, alot of hope on the Beatrice Plant working out to make all these hopefuls happen!
Risky Industry, Hopefully High Return if it comes off.
Rick
Couple are in real trouble at the moment ABJ and ARW are on the...
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