R9988,
Thank you for your thoughtful response. I hold NSOL shares from 2004, (how's that for investor loyalty), and I wish USFF the very best, (in my own self interest), but I'm not rushing out to add to my positions by any means. Ten years into this investment my shares are worth a small percentage of their initial value.
"US Fuel anticipates funding to be in three tranches, $963,000 to complete Development, $6.56 million to complete the Front End Engineering and Design, and $337.93 million to complete construction. We estimate a plant could begin commercial operations as soon as twenty four months after the first funding."
The company has invested over $900,000 to date according to their own statements. If you do the math, their investment (exposure) amounts to considerably less than 1% of the total (anticipated) required capital.
Based on the performance of this company over the past ten years, I wish them all the best soliciting investors.
