RE:RE:jv funding Great info. Correct me if I'm wrong but Cielo has over promised before so raising funds gets more difficult. They are in between having the proven tech and just a dream so are forced to make deals they'd otherwise not. I've heard people say current dilution and 650m makes it a difficult investment. If the tech proves out is this still a significant hurdle to big guys getting interested?
ive spoken to a few academics and right or wrong they suggest the tech in not that advanced, for lack of a better way to say it Cielo has a big advantage being first to market if the variety of feed stock proves out and production numbers are close to accurate but they question how long until their unique mix is replicated or a competing company can do similar Kind of heard manage the say the same. That being said they agree 1 st to market is huge There will not be multiple plants built in each muni There will be 1
if they can deliver promises with 60 days this can take off if these guys can navigate
I used to think if tech was good this is a can't miss regardless of management. These guys suggest early execution is even more important.