Because they started without approvals? Because they started before they had a DFS? Because they started without a NT agreement? Other lenders not interested because of the above? Hard to say how much the approvals hurt them because their lack of success with the harvest was a death blow when added to the processing failure. Something that other companies have spent 5-15 years trying to work out was always going to be high risk with the Apollo/Syme/Middlemas/Tony/swag of ex-FMG compressed approach.
They had advice on evaporation from Chile and advice on processing from Canada. What went wrong? Was it the advice or the interpretation?
SO4 Price at posting:
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