Post by
Schoener on Oct 22, 2021 8:56am
If the past is indicative for the future
In 2018 , the GIII shareholders of that moment where led to believe that financing of the Bowden project was achieveable based on a term sheet from Export Development Canada , covering 60% of the required capex , the remainder to be covered by a raise of equity.
As a TSX Venture 50 company , shareholders were told in an interview in February 2018 that they should look to start of the construction of the Bowden facility that year with commercial production to be expected early 2019.
As we all know by now , Bowden never got constructed and into production , the lease even got terminated this year.
Johann Schoener
https://www.youtube.com/watch?v=C5Gfx-H0rb8
Comment by
lscfa on Oct 22, 2021 9:04am
Bowden is not indicative, bonehead. Texas is different because Regen has strong partnerships.
Comment by
TrickyNicky on Oct 22, 2021 9:09am
Come back when they start announcing additional facilities with BP and tell us this isn't different than a little offtake with elbow river