RE: RE: It is obvious - process too risky to fund I am not saying it must be a NA company to prove the process works but what I am inferring by deductive reasoning is that there is considerable suspicion that BXI would not take a reasonable offer from close to home to risk EU uncertainties over one year with cash restraints
For example :
FDA Gras already obtained after expensive legwork
North Dakota plant was in play from 2009 with environmental and feasability done and State and Federal aid promised that would help a US JV in dollars saved
The Canadian development aid for farmers could be tapped
The Farm Credit loan from Saskatchewa was not extended last year forcing the Romspen 12% mortgage
Viterra is their Canola seed supplier and they took a pass
The food company that CS is a director of also took a pass
The US Midwest is a Canola producer and Pillsbury Kellogg's General Mills Kraft all took passes
Hormel Century have a deal to be supplied and they took a pass
Nestle Bunge ADM Cargill all took a pass
But wait ......there is some German alliliate with Helm that just might throw over 65 million to the Saskatoon tteam that ordered 10 million in useless equipment that was auctioned off last year
If North America took a pass then I would be deducing that possibly the process just might not be a profitable eenterprise meanwhile the last year the executive BXI got full pay to travel to Europe all expenses paid
As in the Wizard of Oz......there is no place like home
there is riches in your own backyard