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Ok, you may be right. I was involved in applications development in the carbon black industry ( used to reinforce rubber, such as in tires), and our products had to perform all the way through shipping, dispersing into the rubber, how it handled during plant processing, and finally how it performed in tires( requirements included treadwear, traction, tear resistance, etc.). The physical properties affected all these features, and each product had to meet stringent specs. before proceeding to trials. This may be a fairly extreme case of chemical requirements, but I can't imagine a new source for Barite or frack sand not being required to handle properly in the fracking system before ordering multiple shipments from a new supplier.
The evaluation seems straight-forward to me: They first check out physical and chemical properties with lab tests and, if within specifications, go ahead with an application test to make sure it performs as expected. If everything works as expected, they should be ready to approve the new supplier. In some cases, they may want to evaluate a larger trial shipment before giving full approval.
Terry, sounds interesting, and I expect this may be useful wherever sludge exists in big volumes.
However, I think the conversion of cellulosic materials from numerous low-cost sources into sugars and a number of final chemical products besides ethanol, will be much more useful overall than simply producing energy, as useful as that is.
With the Chinese need for cleaner fuels, and BFRE's negotiating with Chinese businesses and banks, plus growing markets for fuels, it seems a natural thing for the world's most efficient(IMHO, as a Chemical Engineer) cellulosic sucrose/ethanol technology to team up with Chinese companies, to begin ramping up cellulosic plants using low-cost waste feedstocks, in both the USA and China.
Here's hoping it stays above $1.33, otherwise a head-and-shoulders pattern formed over the summer could lead to a further move downward, if more good news doesn't come soon.
It won't be long now before these writers start talking about a new superior transport container for frack sand, and other chemicals, that speeds up the shipping and unloading process, thus speeding up the whole process! [:?)
Nor TAGGS!
RR$, that is partly why I emphasized sucrose rather than ethanol. Several other chemicals can be produced from sucrose/sugar, and if ethanol is not needed, others could still be made available. Also, the cellulosic process can be applied to a number of raw materials, so that it can be used in nearly any country to produce the most needed product available from the sucrose/sugar.
Bluefire has already helped build sucrose plants in Korea, and has been talking with Chinese companies and banks. I wonder if now their process will be viewed as more valuable in nations where gas and oil are not being produced in increasing amounts like they are in the US?
Sucrose is the initial product from cellulosic extraction from which other products including ethanol are produced.
Volume and price are perking up! Next target: 3 cents! Any positive news now could send it past 3 cents fast, and test previous highs!
Thanks, Moocho! This was written about two weeks ago, so they are likely deep in discussions with bankers, etc. now, and it would seem all will be coming together before too much longer now!
With the huge ethanol potential reported in China, has anyone heard any news on negotiations with Chinese banks and engineering company?
I assume some fairly significant additional financing is just around the corner, for plant upgrading and TAGG production. Anyone have any ideas on how these might be financed? They also will then need to hire more workers to man the New Orleans plant, etc.
Wouldn't be wild if now they find a super-rich gold vein in their Canadian gold property? [:^)
This has partially answered my questions also, about TAGG production and plant renovations.
I too have no inclinations to sell at this time, as we truly seem to be right on the cusp of real business and profits.
It would be nice to know how fast the New Orleans plant upgrading is going, and whether more newly designed Transprop AGGs are being built?
The good news is, shipments can begin at any time without these being available yet. August could be the beginning of a fast increase in business activities!
More to the point would be, what is DDCC's net portion of the sales price, and what is the potential sales likely to be? I am sure the company has estimated many of these things, but we may not learn them until financial reports on actual sales come out later.
I agree with RR$! We're all just waiting for those big 5 year contracts and a spurting stock price! [:?)
I am curious now on the financing and manpower to speed up plant upgrading and TAGG construction for coming orders? Anyone have any input on these?
It didn't give a reason for him leaving, but did say he had no serious issues with the company. Maybe he simply got an offer he couldn't refuse from a bigger fish in the energy pond?
Just for the record, when I owned BFRE it was in a Vanguard IRA. The only catch was that any first purchase of a penny stock must be directed through an actual online broker. That was directed through the website as I began placing the order, and was no problem.
Pennys, you are right about that, as you know me from another message board. I did own BFRE until last year, but am waiting now for final financing news before deciding to repurchase BFRE. Ethanol is here to stay, in fact Valero bought several large corn-ethanol plants a few years ago to make their own blends of ethanol/gasoline.
DuPont is developing a cellulosic ethanol process ( using corn stover, or corn stalks) using enzymes to extract sugars from the organic raw material, while Bluefire uses concentrated acid to extract the sugars( which is then converted into ethanol). Based on info reported on the BFRE website, their process seems to be very efficient and fast, and could ultimately prove be a better process for making cellulosic ethanol.
This may not be clear, however, until the BFRE plant is running and reporting on productivity. So, we need to wait for the complete financing to come, for plant construction, and then for some period of production before we will know the true advantages of the BLuefire process. This may be well worth the wait!
Something's brewing! [:?)
Huge volume at the higher price. Is there good news on the way??
Hi Profitscout. I don't yet own any IVDN, but wish now I did. It looks like its performance may be foreshadowing a similar move in another stock we both own! [:^)
Here I am Green! [:?)
It all looks good! :^) It shouldn't be long now, before our big question may be, "how fast can they make the new style T-AGGs to fill the surging new orders"? [:>)
I noted from Allen's interview three key items:
1. The New Orleans plant, an old cement plant, is being converted to handle both Barite and frack sand.
2. He expects Barite shipments to start around the 4th quarter 2014.
3. Frack sand could start up around the 2nd quarter 2015.
While it seems we still some waiting time for shipments to commence, we should continue getting favorable progress reports as successive goals are reached!
Profit, I couldn't get Greendolphin's post to copy in order to post it myself,, so I just stickied his post. Hope that works?
I sure hope they have the latest improvements in the T-AGG system worked out and ready or nearly so, to begin construction. Would be nice if they(we) have the resources to begin serious construction even before large shipping orders are receieved!??
Pennys, I don't see your point!
I am simply saying that when financing comes through, then Bluefire should be off and running as a low-cost ethanol producer( or producer of any other chemical that sucrose can be converted into).
It is a shame the DOE is considering pulling out of backing BFRE: They have not been very successful with other new energy sources, and success with Bluefire could really boost the DOE energy success record!
It all sounds plausible to me, even likely! [:^) Then, if the Suez is blockaded due to Mideast tensions, the US should not have to go through any more energy shortages, and DDCC's shipping business should grow even more!
Fracking, combined with horizontal drilling (allowing the possibility of huge extractions of energy from a single vertical shaft, and at any and all depths where the energy is found), is revolutionizing the oil and gas industry, and can lead the US to energy independence soon, and then on to reducing our federal debt through exports. [:?)
Does anyone know how much competition DDCC has in the "frack" shipping business? Hopefully, the present sand and Barite suppliers are not sitting on big supplies, with salesmen waiting to increase contracts as the drillers increase their need?
Even if the above were more or less the case, I would expect the revised Transprop AGG will still be a winner, both with DDCC's own contracts, and possibly licensing them out to competitors?
Pennys, that is the second phase based on using DDCCs New Orleans facilities. Just above this it says initial shipments ( I read this to mean in 2014) will begin to DDCCs customers who have their own facilities for handling the Barite.
On the other side of this discussion, we may be looking at another couple years before DDCC is a booming shipper of both frack sand and Barite to the growing "fracking" industry. I would expect HUGE stock gains well before that condition is reached, and almost surely beginning by the time these reported initial shipments begin.
Don't forget BFRE ran an ethanol demo plant in Japan a few years ago, plus they have licensed/participated in the construction of an unknown number of cellulosic Sucrose plants in Korea( final product not known publically) through their subsiduary, Sucresource LLC.
As a retired Chemical Engineer from the petrochemical industry, I have a high degree of confidence that Bluefire's concentrated acid hydrolysis process is one of, if not THE most efficient means of producing sugar( and all products derived from it).
I noticed BFRE has shifted negotiations to a bigger Chinese Engineering Company. Also, they are talking with some Chinese banks. I really admire Arnie Klann's tenacity in staying on course over a long period of time to put this, the world's best cellulosic ethanol process, into production, both in the US and China, and eventually in many other countries.
Moocho, I reported recently the email answer I got from the company Secretary regarding that Feb order and shipment of Barite. She couldn't give out any details yet, but implied the coming news should be all good! [:^)
I suspect this shipment may have been the catalyst behind the TAGG redesign now underway.
Don't forget they are making improvements to the T-AGG system, possibly as a result of feedback from their earlier trial shipment. This could take a little more time to complete, and maybe then another trial would be in order to verify the improvements. As great as the future looks for DDCC, it should be worth waiting a few more weeks(months?) for everything to work out for a good contract.
I do!!! [:?) It is just a matter of time for DDCC to perfect the redesign of the T-AGG, then make a few, and finalize real orders from the first of many fracking miners.