Come on Sideways give it a break. Do you really think these large Indian PSU’s would have anything to do with this little Aussie stinker if they weren’t interested in what we have. This relationship has been going for a few years now and it seems cosier than ever right now. Even the naysayers who keep yelling, why don’t we ever get a mention from the Indians have had their argument smashed in the last few days.
It’s more than a lab scale experiment. It’s a 100000 tpa commercial demonstration plant that these PSU’s are tipping $10mil each into. If it’s proven at commercial scale they have stated the next step will be a $300mil plant.
Even you must be starting to think they just might pull this off.
Maybe you should seriously consider getting in now before you miss the train. Toot toot.
All IMO.
NLC Finance Seminar Foz Present., page-46
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