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Re: KBRTX post# 10180

Saturday, 11/17/2012 6:09:08 PM

Saturday, November 17, 2012 6:09:08 PM

Post# of 15249
I'm not sure why you think that they would build a 150 million dollar plant if they didn't know for sure that their idea would actually produce urea fertilizer full scale. Nor do i think that the investment company would commit that much money for the "potential" of product. Sounds dumb to me.

KBRTX, how do you or some "team" in Canada have full access to BioNitrogen/KBR engineering report? I emailed Granherne a while ago and they confirmed the relationship with Bionitrogen but they are not about to give out specific engineering details (not that I wanted them...and nor should they). BioNitrogen is keeping their cards close to their chest.

I will have to go through my research because I did find the name of the company that tested the idea (I assume on a small scale) and that it was successful. I wish I had that at my fingertips but will try and post later when I get a chance to find it again. Maybe others out there remember seeing this at some point as well and can post if they have it.

Also, I wanted to share that I contacted Enterprise Florida a few days ago and and they emailed me back from information@eflorida.com and said the Florida Development Finance Corporation (FDFC) is processing BioNitrogen's application for a conduit tax-exempt bond issuance. The Hardee County hearing was a necessary sep in the process. No final decision has been made yet.

That was an email they sent me PRIOR to Thursday's meeting at the BCC.

P.S. I like how your screen name KBRTX is a mixture of KBR (the engineering company) and TX (the state they were going to start their first plant in but then changed to FL).