If the company isn't willing to build the plant themselves why...

  1. 2,554 Posts.
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    If the company isn't willing to build the plant themselves why would someone buy it?

    The best only way to sell a plant for a new process or technology is to build it, prove it makes money and then find a buyer.

    People are not going to invest $400m EURO in a company who doesn't believe in their own product enough to take on any risk or invest any more money.

    Rather they walked away from a 100% off take partner, an 80% underwriting of the debt component from the government, and "some of the lowest costs and carbon foot print".

    Selling this is a pipe dream.

    It has been a folly that is millions of dollars and years in the making.
    Last edited by thecrabpest: 30/10/23
 
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