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richbob

02/12/16 12:45 PM

#5296 RE: HMONNY #5295

I agree,HMONNY, for Bluefire, it is sink or swim, depending on final financing!

Another thing I didn't mention earlier, is the possibility of getting some reduction in the original plant cost estimate. I know they have been talking about this. If they can negotiate some reduction in the $300M total cost, then the remaining $30M needed could be reduced by a like amount.

With the problems China is facing with trash and pollution, it seems likely to me that a final financing answer could come from a Chinese source rather than from the US Gov., or a US bank?