RE:POU 18% ownership in CPS 400 million dollars is required to get this project going, with up to 272 million commitment from Governments, leaves the capital required for a 2025 shovels in the ground. 170 million raise.
So maybe this is why you are starting to hear them advertise on BNN, a frac sand project gone wrong? Now a major producer of sands for Premium Solar Pannels, right here in North America.
So the question will be that it requires approximately 400 million to get this project off the ground, and so the billion dollar question may be what is POU shares going to be worth.
POU really is a mutual fund of Land, OIL and Gas assets, and equity of other companies.
MHP
IMHO