Until a time comes where EDE is in need of G1A, there would be...

Until a time comes where EDE is in need of G1A, there would be no use raising funds to have CS2 have more than enough production to supply the market. Now I'm not suggesting that CS2 will be the only reactor needed. But in this current time and space that is all we need. Down the track is a different story as we are here and now.

I know people would be suggesting if we don't hurry along and get Ga1 working before the incentives agreement date expires we will be $25mill, worst off. But in the scheme of things $25mill sounds bugger all, when you think about it, 1mill gallon in revenue. Hell the reactor can do up to 2.4m. After all the incentives package is mostly made up of taxes and levies (17.7mill), 2.8mil in land and 4.2mill in construction agreements.

Though 37M is needed to fund the project, 37m is needed over the course of the build not all at once. I would rather see the company go into debt, than to dilute more shareholders. If EDE can prove they have the capacity to pay back a substantial loan, why would the bank(s)/loan investors turn them down?

Doing so would still allow TAS through Noble and the Sol brothers to control around 50% of EDE. Personally I think the Sol brothers want the control and I can't really see them selling any EDE units. If they are too, I think it would be the bare minimum just to pay for what ever needs to be done.