Once the contracting parties have done all of their development work, they will go out and try to find the money to build and operate a 100 TPD plant.
It will take a year for the MOU part announced today. Based on the company's experience with financial parties, it could take up to a year to find the cash. So, two years from now we could see a gold plated shovel go into the ground.three years from now we could see a running plant.
Jalaber Diffusion has been around for a while but they are not large. On the recycling scale, they are very small. We are speculating that they can get the permits, feedstock and offtakes to form the basis of attracting patient debt capital. We should not oversell this press release.
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