INTERVIEW - $GESI's in the HOT SEAT ! "It's been
Post# of 1507
INTERVIEW - $GESI's in the HOT SEAT !
"It's been a long process but it's worked out VERY WELL for $GESI, $InREFCo and all SHs. InREFCo brought up the technol and the finances. In this partnership they're (Equity providers) taking just a small portion. One of their goals has been from the beginning that the project has legs and stands on its own 2 feet...not to dilute the SHs and also not to rely on incentives from the gov although those are also available but to have a technology and a funding vehicle that allows for the proj to stand on its own. The choice is for energy (out of a myriad of waste types) but it's going right along aligned w/ our bus plan and it's working out really good.
This proj is gonna be a VERY STRONG proj. The technol manufacturer and engineering team are excited to work on it. One of the best things abt it is that it has a consistent source of feed stock - obviously the relationships for that are conducive to the bottom line as well but the fact that it is a consistent source of high BTU value means that that it's gonna be strong 24/7. The same technol can also use other types of waste in terms of MSW, medical waste, certain forms of hazardous waste and tires but this partic proj from the beginning stands alone on that feed stock and makes a very nice consistency for output. The BTU you get from rr ties is generally higher than you get from any of the other feed stocks"
..... and of course there's more in the intervw.
"Everything is ready to go as soon as funding is available." as per InREFCo CEO Jason Watson.
That funding is imminent and both CEOs together w/ all of the SHs hve a very good reason to be extremely excited abt this bubbly champaign event !
CHEERS TO $GESI !~!~!~!