Bluefire Renewables, Inc. (fka BFRE)

[richbob]

My guess is the KIOR fiasco, at this time, more than offsets any potential aid to cellulosic ethanol producers, at least for those who are not yet in production, as in the case of BFRE.

I am convinced that BFRE has a very profitable, efficient process. However, that is not a significantly known factor until they actually begin producing and reporting results. We all know the key here is whether or not banks, and/or potential buyers of Bluefire, assuming Klann would be willing to give up control, have confidence that BFRE can make good profits. Their confidence in this is influenced by the experience of similar companies, such as KIOR.

While we have minimal news on the Korean deal, it seems that this is probably successful to date, in producing cellulosic sucrose( which can be converted to ethanol, or related chemicals). If truly successful, this can lead to non-American financing for BFRE, such as China, where discussions have been underway with Huadian and probably Chinese banks.