GREY:EORBF - Post by User
Comment by
driftwood57on Jun 25, 2013 11:20am
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Post# 21571722
RE:It's starting to sink in
RE:It's starting to sink inI think they will get some money short term at least. It will be costly though so get ready to freak out.
Veolia is probably eyeing Glencore pretty close right about now too.
It might be in Veolias' interest to buy a chunk of equity just to keep the RMR rights unencumbered and send a message that they are the big dog on this pile right now.
Glencore are primarily a metals trader and they are doing just fine in the alumina/aluminium space the way things are right now with the Bayer process.
If they took Ort out they would not have to be in any hurry to use the Ort technology and could slow this right down and even shelve it for quite a while.
That would not be good for Veolias' RMR plans.