Producer article the other day about this again. Figuring $1.7 billion build cost. Looking for $533 million “investment†from farmers. Mann said the deal previously fell through because they couldn’t buy the wheat board. Oh boy they’re better to buy a feedlot and turn bullshit into fertilizer.
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Project N. They’re at it again
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1.76 billion plant...... ten years ago... double that to build today, i bet
actually they're saying the original plant was going to be producing 1.2million tonnes of urea, 425,000 tonnes of UAN
and now 525,000 tonnes is 75% of capacity, so 700,000 tonnes a year
half the capacity
sounds about right!
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INVEST?? Surely you jest. This is an ongoing lifestyle project for the Mann brothers. Why would they stop? Its worked extremely well so far.Originally posted by TASFarms View PostWhen they are trying to build the price is high. Price is lower now what. Who would want to invest money in a fertilizer plant with esg getting swung into full motion
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If it was from a reputable outfit or a true cooperative of farmers wishing to do so we wouldn’t be skeptical of this particular venture. Looking back it is laughable the schemes these guys came up with to bring in seed capitol for. Whether it was the terminal in Vancouver, fertilizer plant, or CWB purchase the ideas looked so beneficial for us farmers but realistically infeasible. They’re kinda smart and didn’t back themselves into the corner like a Jerusalem artichoke or pigeon king ponzi but know what plays on guys heart strings at the time to open their purse strings. They’re bloody sick if you ask me.Originally posted by wiseguyGot to try anything to break the price gouging !
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