GOVERNMENT needs to investigate not abdicate the recycling plant MOU. It was clear that there was not sufficient scrutiny of this offer to make sure it was likely to be successful.Now that the company has given more details regarding some of their partners and other entities, it may be well worth re-evaluating their capabilities to implement such a project. The issue now is whether they really have the financial and technical capabilities to start and complete successfully this project on an acceptable schedule or not. After all, it was stated that the other entities required some support from Guyana or other investors.

Unless there is another completely privately funded company currently available, it makes more sense to determine whether a further investigation of Natural Globe’s proposal can prove them to be satisfactory, rather than just starting over and hoping another offer in the future will be more acceptable. Maybe the saying “do not throw out the baby with the water” applies here.
Government needs a proposal that fully spells out both the finances and technical skills committed, with conditions as to implementation schedules and government approval for any changes to plan, financial, investment or financial. One must learn from mistakes not run from them, to show one is doing something.

N. AUGUSTUS