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Bnzapilot

08/15/23 6:36 PM

#22503 RE: ladykiller50 #22500

Unfortunately, they don't have the money to build the plants to process it. Minor details.

old man river

08/16/23 3:44 PM

#22524 RE: ladykiller50 #22500

A million tons per year works out to about 4000 tons per day on a 250 day year. Even the cheapest offshore made system having a 10 year system life span will cost about 400 million for the equipment. Land, building, offices, storage areas, mobile equipment working capital and so forth are extra. Now, 4000 tons per day using NA sized truck would still require 200 truck loads per day. If you use a Filipino sized truck, you could easily get up to 600 trucks per day. How do you handle the volume? We still have yet to see any previous financial adviser deliver any funds for meaningful capital costs. Even Green funds will want to see a return of the rate of inflation plus 2 pct. Sovereign wealth funds and family offices would want even 3 pct higher than Green funds.