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Cheetah Man Iowa

07/29/19 8:52 PM

#63790 RE: Cheetah Man Iowa #63789

Here is the video where Handley talks about it:
https://www.facebook.com/607135342719499/posts/d41d8cd9/1137541916345503/
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deal guy

07/30/19 8:47 AM

#63803 RE: Cheetah Man Iowa #63789

Yes they did. They went with Seigel and the elder Kwak to see the factory and a couple of sites that were operating. That told LRS it worked when built by the Koreans. It didn't tell them much about how ECOS would perform.

Having been involved in the construction of many plants. All plants present their own challenges and shakedown issues even when you follow the cookbook of another successful contractor/company. I would think by now the plant has been accepted and paid for

If Handley is as smart as many people think the play for him may be to wait for ECOS to default on some of their obligations under the supply or JV agrement and then go direct to the Korean manufacturer of the digester and do an LSTK contract for more digesters. I can think of myriad of ways Handley could engineer that result.