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Tuesday, June 06, 2006 5:58:40 PM
They are doing all the right things by keeping us informed putting the foundation of thier business in place to make all thier plans come to fruition.
I look forward to all the news that will come from Franklin. I want it all now but we will need to be patient as large partnerships dont form overnight. Here is an exapmle:
I have cooresponded with Andrew about who will be funding the 320 million for the gas to liquid plant as Franklin does not have that kind of money. He indicated that in most large projects like the GTL processing plant, companies like Franklin will secure the rights and the access to the natural resources and then joint venture with a major player in the industry that will provide the funding and expertise. Much of the funding process can not and will not be made public yet but when the company is able it will make announcements that should answer all your questions. This process takes a lot of negotiating and time!
So I am convinced that they will see thier business plans happen and as a reslt will return shareholder value to all of us.
Enjoying the posts and wish all of you good luck.
batting
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