Ceapro Inc V.CZO

Can anyone help me?

[fossi_2002]

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?
Could it be that Ceapro is planning a new product with Symrise and needs the plant in Austria for this?
Despite all the justified criticism of Gilles, I don't think he is stupid enough to take a double risk without a plan.
Ideas? Thank you!

[boazklinghorn]

I think the more pertenant question is how much of this as actually happening. The Austrian site announcement is nothing, just a bunch of hypothetical stuff no budget no timeline no detail of offtakes. The Alberta plant, that up until a few days ago was progressing at the U of A is now suddenly moved and yet the timeline for completion hasnt changed. We have no idea what is actually happening

[boazklinghorn]

Honestly, would anyone be surprised if a year from now we had never heard another word about Austria, or if the plant was going to be built in Germany or Denmark or outer Mongolia? THat is rhetorical the answer is no nobody would be surprised. What would be AMAZING to all of us would be if a year from now the plant was actually built and running. That in a nutshell is what Gilles managment has

[Ciao]

We've seen plans change so often, we wonder how much thought went into the plan in the first place? The PGX plant is a great example. They could not even decide on the location and switched it multiple times.  As for the concurrent building of the 50 and 100L vessels, they will go into the same plant, so there is timesavings should any commerical product come out of the 50L vessel and if

[prophetoffactz]

"We've seen plans change so often, we wonder how much thought went into the plan in the first place? The PGX plant is a great example. They could not even decide on the location and switched it multiple times." Amazing how Gilles caused COVID that shutdown the world economy and delayed the bioavailability study because labs closed. CZO finally got the results in October 2022

[boazklinghorn]

Speaking of where Gilles managment has brought this company,  I guess we arent getting 3Q numbers this week.  Gilles has tied the very existence of CZO to a single customer because he is too lazy to divesify his sales channels we are awaiting a number of incredible consequence to the  company. This is a situation no sane manager would allow, and every day it is late I think Gilles

[prophetoffactz]

"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