RE: RE: RE: RE: RE: What the h--- is going on here Sorry, you have no clue about the real world. Read a bit from "offshore leaks" on how easy it is to have an account or deposit in one of the tax haven, absolute anonymity included in the package. And I am not only thinking about the BXI environement, but also about the environment of the business and financial market. I agree that the sp before an important NR is not always indicative for what the NR will provide. However,
But overall I agree with 1230racing, the Canadian stock exchange is extraordinarily weak and got an additional shot yesterday (gold and other commodities down). BXI probably yesterday was collaterall shot, too.
BTW, I have to correct my previous post. The consumption of rapseed/canola oil is strongly rising in Europe, in particularely cold-pressed, the later sold at a premium (like olive and other oils). I will post numbers on how much rapeseed/canola, oil and cold-pressed oil is sold in Germany/Europe, when I have found reliable links and references. There is certainly a huge market in countries like Germany, Scandinavian countries, UK, partly France, central Europe. However, you will never make Southern European like Italians or Greek to replace olive oil by rapeseed/canola oil. Netherless, already the current market in the EU would be large enough to strongly support the sp of BXI, if a significant market share could be gained.
Financial partner and BXI share of the JV. I just had a thought about it recently. I understood (hopefully correctly) that BXI will not be financially contribute to the new facilities. One way could be that the financial partner gets a very large number of BXI.TO (by a heavy dilution with new shares), eg. 49 %. So double No of shares for BXI. But therefore BXI may get a relativel high share of the JV, maybe 30 %.
Otherwise I think it is extremely unrealistic to expect tha BXI gets 30 or 33% of the JV without the obligation to contribute also financially. If BXI makes this deal without significant dilution of its No of shares, then on what basis one could expect that its share of the JV is any larger than the % of royalties usually are paid (e.g. compare with Burcon/Clarisol)?
Such a deal (strong dilution of BXI shares but therefore a significant share of the JV) would reduce the risk of bancrupcy for BXI very significantly, but also limit the up potential of the sp. As usual: risk and chance is very often closely linked.
Mid- long term BXI will disappear from the stock exchange. Either due to bancrupsy or because shareholders will be paid off.