RE:Moni FTWDincer deal has beenn approved by TSX . Need to see cost projections. They stated in the webinar that they had over 20% cost advantage over Haber-Bosch variations. If this is true, then this will be a blockbuster deal. 20% savings, plus no CO2 emmissions from the process, plus the ability to have distributed small scale production, then the guys presently in the ammonia business will have to pay attention. The big ammonia players will want a piece of this, and those players are really big.
At this point, I suspect warrants are being exercised and this is holding the stock down, as the warrant hoders unload. But when this dries up, there should be some real action.