RE:RE:RE:RE:Refinery AgainI feel very strongly no matter how vertically integrted FT wishes to be, the cost of the refinery just simply won't happen. Building a refinery is not a no risk propositi0n either. The amount of dilution we would need as well as owing on bonds could wipe us out if the price of the commodities went South as they did a few years back and few saw that coming.
I would far rather make a little less with virtually no risk, the go into HUGE debt for a possibility of a making a little more.
...and honestly we will not find an institution willing to put up the cost of a refinery for a company like FT. Simply won't happen. I WISH and DREAM the management could see this and just mine the ore and let us recover our investment and make something from this mine also. I personally am shocked they can't see this. Doesn't leave me feeling very hopeful with our team.
Oh well..I could sell here and be gone, but I keep hoping someone will wake up about this.
RD