Agreements with parties to purchase their products. They can be in the form of MOU's (memorandums of understanding) which are not legally binding but are an act of faith, or actually be legally binding agreements. It depends on what is negotiated. If they get legally binding agreements then securing funding is easy as their is a committed source of income on delivery.
Altona (on LSE) have MOU's with BP I think and they have had a recent run to 4.5p (about 9c) and they are nowhere near a port and in fact have to construct a railway up to Darwin.
SYNGAS have previously commented on being the lowest cost producer for CTL in Australia and I believe it. Their location for port access, power (on the grid) and close to communities is very much a key component to the project.
SYS Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
