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Lignol Energy Corporation V.LEC



TSXV:LEC - Post by User

Comment by 2guyson May 20, 2011 10:24am
135 Views
Post# 18606169

RE: RE: Coming along nicely

RE: RE: Coming along nicelybirchjunk, it's not about comprehension of Lignol's technology, I'm not concerned about that, nor am I concerned with the frugality of management when spending money to advance the project.  I think they're doing a great job and a transparent one.

What concerns me is the operational aspect and how soon they can move to the next level and that is commercialization.

The CEO already stated in the interview with Lang & O'Leary that a commercial plant wouldn't be ready until I believe it was 2013, which is fine, but they need to have financing in place, or at least a JV deal with a deep pocketted partner in order to reach that point.

If you remember what O'Leary said, and this isn't word for word because I don't remember exactly, "I don't care about your products, when will you be profittable?"  He's quite the shrewd when it comes down to business, but he knows that for a business to stay afloat you need money.

I believe the trial testing will be a success.  How quick after that LEC inks a deal, should be telling of the future success of LEC.  I'm hoping managment will get things done as I am an investor.
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