Imo the key factors to success here include a proven processing solution (at scale; well-to-bag), consistency/quality of product, experienced personnel, and viable costs.
Afaict none of these are in place yet, hence significant de-risking remains imo.
Make no mistake, this is specialty chemicals processing, and company spokesmen stating that the other stuff (besides lilac) is just “standard equipment”, and therefore implying it is “easy”, is irresponsible and inaccurate.
I reckon the new guy is building a new plan to better manage risk across multiple aspects (tech, financial etc).
Yes, viable profitable production is the main game. Imo it seems like they weren’t nearly as close as claimed last year. Updated plan etc will be very interesting indeed.
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