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Alexander its normal for new major projects to go to the stockmarket to raise money. Im one of those guys for example who when living in London all those years ago, invested in the Channel Tunnel before it was built, they raised vast amounts of money and gave you little bits of paper in return saying you were a shareholder in Eurotunnel. Sadly the channel tunnel was too big and there was never enough money raised by the shareholders as the company had to keep going back to the market and the banks.
Like you Im not entirely sure how all this will work, but I would imagine in order for Dover to get a return from the Dover People's Port...Dover people will need to invest.
If general shareholders invest from say Manchester then Manchester would get the returns. This is how the stockmarket works but whather Charlie has managed to find a way to circumnavigate this basic procedure I dont know
Also and I think Chris Precious was trying to make this point at the recent Extraordinary Town Council meeting when he was cut short by the mayor...it is very difficult to see how private investors would care for anything but their own investment, why would they care about the town, any more so than say the current DHB. The only way to secure Dover itself having a huge say, is for Dover to invest en masse. But is there enough loose cash trawling around here to raise the necessary guestimated £300.000.000.
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