RE: RE: RE: RE: Deal
I have laid it out logically for you and you dont accurately address any of the points i made.
Time will tell.
I won't refer to this Chinese deal anymore, people can make their own minds up based on the discussion here today and the last few weeks.
Yes, I will stay in Krn. The "dream" of production is close. They have 60% of the funds they need to build it.
KRN have cleared the site for the plant and pads, drilled their water wells and disposal wells, as well as hired their engineering team for the site. They have also entered into an agreement for their equipment for the plant.
Don't forget that Wpx have stated they will be starting construction this year.
Wpx haven't even begun to clear their mine or plant site. They have not begun to put any infrastructure in place for the the poop water to be piped in from 45 km away.
Wpx has however secured through the CBCHC .75% of the funds needed for construction.
As soon as Wpx secure the other 99.25% needed they can begin construction. And according to the BMO analyst that's just another $4.168 Billion