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Monday, July 25, 2011 7:31:36 PM
I have no doubt that if I handed Larry a check for 50 million dollars today that Mantra could build a full scale commercial plant for me, today. The reactor design is already completed and will not change for the sake of building a larger capacity system. The size is increased by adding more same sized reactors, not by scaling up the design with a completely new design like many other systems require. It is like buying 100 lead acid batteries, instead of just one.
The current problem is that MVTG intends to keep basic control and ownership in house to fully protect the IP, and trade secrets, and lacks the working capital at this time to move any faster. At least that is my impression at this time.
If they had 10, 50, or 100 million in cash today, the pilot plants would be up and running no time, or might be skipped and turned into full scale plants right away. While they might still build a mini plant or pilot plant first, there would be no scale up issues. The mini plant capacity could be increased to any size almost overnight, by adding more duplicate sized reactors, with out starting from scratch on a redesign for a larger plant. The only thing that would change would be support system sizes, like the control panel, more pumps, or larger pumps, larger storage tanks, stuff that does not require a pilot plant for scale up design problem solving.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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