Thursday, May 16, 2019 4:01:50 PM
Secondly... B of A will be able to sell the $140m in bonds once they secure long term contract's aka off-takes. They need off-takes totaling 400k tonnes.
One off-take from a US company for 200k tonnes is said to be finalized within the next few weeks. A Second off-take for 200k tonnes is required to get the ball rolling with B of A.
I found out Jim is away on business in Japan
this week. I researched and found out there
is a Biomass conference in Tokyo May 13-16.
Doing my DD I discovered Japan will be needing over 20m tonnes by 2025!
I have no doubt BMSPF will be able to sell out phase one of plant one in the near future, allowing them to start construction this summer!
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