InvestorsHub Logo
Followers 15
Posts 917
Boards Moderated 0
Alias Born 06/05/2013

Re: Stock Prophet post# 6132

Monday, 12/04/2017 9:52:11 PM

Monday, December 04, 2017 9:52:11 PM

Post# of 6407
Stock Prophet, I go by the same insights that you do, and I am also keen on seeing this cellulosic process( concentrated acid hydrolysis) get a chance to show its economic superiority over present failing enzymic processes. Earlier Pilot Plant work in Japan looked very good for the Bluefire process, and a commercial plant should be as good, if not better.

The issue is, of course, the price of plant construction, which BLuefire had achieved promises of up to 90% from China. The US DOE had promised the remaining 10% as a grant, which they later reneged on! If they can show an economically sound process on a full-scale plant, China is ready to build a number of plants in China based on this technology.

So, the question now is, will the new DOE management honor a prior agreement, or will the funds(about $30M) come available from another source?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.