Sure I would. But this would be in tranches, not all at once. At the current stage, few investors would give $200M in a unproven venture, no mater how smart the development and management team are. Now, smart money would come in at a lower level, but would require a lot of the shares % in return.scareduck wrote:If you had $200M you could spare right now would you fund it? If it were the sum of your assets? If it were half?Zixinus wrote:200 mil of pure R&D is not exactly something you can find easily. Private corporations are interested in making money, not R&D.
It would be best for EMC2, and everyone else, to have the NAVY funding it. If they decide not to, it would still be possible, but a lot more difficult to find some investors. A second, and more elaborate test would need to be done to demonstrate that the theory is correct (this would be funded as a first tranche by angels investors). Then a second tranche would be the development of a test commercial reactor, and then an other tranche would be to build it. And so on.
The value of the shares increases at the end of each successful tranches, and there is some more money required for the next, and opportunity for the first investors to sell their shares, or stay in for the next phase.
Eventually, the decision could be to go public for the rest of the money requirement. I would see this phase to fund the commercial reactor, not before.
What do you think would be the total engineering cost for the commercial reactor?