RE:RE:RE:Don should tone it down a touch I'm not sure why there is so much doubt in the JV, especially as they've already paid Cielo 1 million dollars in fees that I believe they would have to walk away from should Aldersyde meet its target. If these plants work they will have absolutely no problem acquiring capital and Don has indicated the company plans to build out the remaining plants beyond the JV using primairly or entirely debt financing. Once you have a successful money raising equity through debt really isn't an issue.
And I do think it would be a fair question to ask "why do you think you can build 40 plants in such a short period of time", but the counterpoint to that is how much information do you have about what goes into building their specific plants? Don seems to think plants can be built in a year, and that building multiple plants at the same time isn't an issue. Like I said it's a fair question and one that should probably be asked. I think it would be great if you sent an email to IR just stating that 40 plants in 5 years seems optimistic, so you're wondering what the timelines are to build out an individual plant as well as any other information that could give investors confidence that this is a feasible target. If you do make sure to post the response here :D
catchascatchcan wrote: I'm not saying it's not possible, but from an execution standpoint, it's not an easy feat. 'Just' finding partners, raising capital, building out plants... From a critical eye perspective, even the 9 JVs we've signed to date really aren't worth anything more than the paper they're written on until the money is raised. I just hope he keeps it nice and tidy that's all. Too many a small company has fallen victim to thinking that people want to hear plans of grandeur