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Re: MarcusAralius post# 13473

Wednesday, 03/11/2020 10:54:35 AM

Wednesday, March 11, 2020 10:54:35 AM

Post# of 18500
I agree, if BLSP has any equity in Holland (which is in question) and Holland makes money, well BLSP may make a little money??? Having a lot of experience with converting bio-gas to RNG, I know it is not easy and it is VERY expensive. European Government, like the US Government, does not have a good track record in picking commercial winners, actually their success rates are really poor.

So if and when the Holland plant starts up, we will see if it means any profits for BLSP. Remember it must be profit and not income, as BLSP has a MOUNTAIN of debt. Equity and Income do not pay bills and creditors, profit does!

Lots of moving pieces and it is complicated, fraught with technical and regulatory issues. And even if they successfully navigate all the issues, the return on investment is never very good on any of these sites. Even those sponsored by the government!!!

THere is always HOPE