GREY:ARGEF - Post by User
Comment by
T005L0Won Dec 12, 2018 10:57am
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Post# 29103133
RE:RE:RGX is well positioned to complete Financing arrangements..
RE:RE:RGX is well positioned to complete Financing arrangements..Thank you! Don't get me wrong now :) You are right, in order to invest $200M you need to be VERY confident. All I am saying is, whats important is that the first plant is being built, and in my book I don't even need to make any money on it. I have been in this stock since 10+ years and have accumulated % in the company over the years, I think that says it all. We are talking about a 6MT/A industry, so I give zero Fs if RGX gives away the tec. on a 100KT/A plant. If Mazen was able to negotiate a revenue share, all cred to him. What I do think is that he was able to secure a revenue share for the possible expansions up to 300KT/A. I do not expect any details on the JV, but if they are communicated I will be more than happy. Regarding your question for possible other JVs. I think Mazen can get a much better deal than the first one due to the fact that then he will not be in a corner with a SP that makes you taste the dust. I think Mazen is close to finalizing the financing and then he will ignite this rocket with a 5hit load of IR/PR. GLTA, MC & HNY!