GREY:ARGEF - Post by User
Comment by
Addisonon Feb 05, 2013 11:53am
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Post# 20940497
RE: RE: RE: RE: RE: someone needs cash
RE: RE: RE: RE: RE: someone needs cash Speculative?
TiO2 has been used for years and years. Why would TiO2 that is more pure be a problem for companies going forward? No sir, I am sorry. We need a 60% pure compound to make quality products.
Thats like saying yea sure.... your car will run with 60% gas and 40% water. Dilute the gas and make it run LONGER!
The only reason the deal is taking so long is probably because argex is dealing with multiple people as far as negotiating. Just because they have come out and said they are working with ppg doesnt mean they are the only ones on the table. They were just the ones that jumped on us first and openbing admited to doing trials with our product.
Secondly there is a good chance a company like ppg could buy us out or directly fund our plant(s) and throwing those kinds of dollars around doesnt happen over night.
Also another factor could be the Feasibility. Like ive seen mentioned, they could be waiting for the feasibility study to be released to help on the negotiating and drawing up of contracts based on real numbers. In that scenario i would hate to be anyone not in argex. Positive Feasibility...sky rocket.... shortly after... signed deal with ppg....stratosphere.
Just my 2 cents.
GLTA