GREY:XEBEQ - Post by User
Comment by
tony08on Jun 01, 2022 9:47am
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Post# 34722912
RE:RE:RE:GRN & XBC
RE:RE:RE:GRN & XBCZouZS3 wrote:
Xbc needs a 3 years convertible bond or a serious investment from a reputable investment firm like fidelity who will perform due diligence through a 4 months deep analysis. I do agree banks won't lend a single dime anymore. Equity raise a these levels would be catastrophic. Really wonder why it's taking them so long to close any kind of contract in the RNG business. Could be working on very big ones that are taking time to negotiate. Grn on the other hand are pretty consistent with closing contracts on a regular basis but that's all they are focusing on so it makes it alot easier for them.
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I don't know why many on this board are freaking out about possible financing....Like it would be the end of the world for Xebec to find funding. Did you not know that the QC government has already committed to supporting companies like Xebec?
Moreover if a company such as Cielo (which still has no revenue and big expenses showing up) has managed to get financing so far, why would that be a problem for Xebec??