RE:Can anyone help me?"I still don't understand why Ceapro builds a 50 l system and a 100 l system at the same time. Why is Gilles taking a double risk?"
The risk is staggered. The 50L facility is expected to be completed in less than two months. Commissioning is expected in Q1 2024. Perhaps that will help with the 100L facility. The 100L facility is expected to be completed in Q3 with commissioning by the end of 2024. They already have 50% of the required infrastructure in place for the 100L facility the last news release says.
Gilles said that the dry powder beta glucan is expected to be lanuched very soon with Symrise. With the 50L PGX facility now being completed in CZO's Edmonton plant will PGX be used to dry the beta glucan? PGX is CZO's novel drying technology and has been talked about with respect to drying beta glucan in the past. Gilles hasn't explicitly stated what drying technology will be used for the beta glucan being shipped to Symrise to my knowledge. The last news release also talks about other opportunities being discussed for the University of Alberta facility where CZO was originally expected to locate the 50L facility. Gilles also mentioned drying avenanthramide in his recently posted presentation. Could CZO have a dry powder avenanthramide for global distribution and could Symrise ultimately use CZO's drying capability for its organic avenanthramide? Time will tell.