One thing for sure Chuck with Nh3 at today's prices there is for sure room for some innovative competition.
Biden set up $500 Million for seed money to start up small local plants.
They have lots of local owned and operated ethanol down there that seems to work.
Ammonia input cost is probably around $200 to $300. Lots works at those numbers but it is a commodity. They will still be in competition with industrial plants producing 3000te a day with long term supply contracts and captive distribution.
If all those proposed green ammonia plant actually can produce there will be surplus production.
They appear to be having no problem selling the share offering and looks similar to solar that way in that they don't have to be profitable.
Biden set up $500 Million for seed money to start up small local plants.
They have lots of local owned and operated ethanol down there that seems to work.
Ammonia input cost is probably around $200 to $300. Lots works at those numbers but it is a commodity. They will still be in competition with industrial plants producing 3000te a day with long term supply contracts and captive distribution.
If all those proposed green ammonia plant actually can produce there will be surplus production.
They appear to be having no problem selling the share offering and looks similar to solar that way in that they don't have to be profitable.
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