Bluefire Renewables, Inc. (fka BFRE)

[richbob]

Again, the big question is, will the DOE vote in favor of BFRE on Arnie's appeal to complete the original grant amount? I understand they have until about Sept. to make a final decision. Nothing is expected to begin until they have all financing in place for the Fulton plant ( $270MM loan from China EXIM, and $30MM more from the DOE grant).

Should the DOE decide against further funding, my hunch is there is an alternative source being sought for the remaining 30 MM, possibly from China, because this has become such an important project for them, as well as for Bluefire.

What I am trying to say, is that the only news that is likely to have a HUGE effect on the BFRE stock price is news related to complete funding for the Fulton plant. Chinese plants will likely not begin until Bluefire has proven out the process at Fulton, which could be another year after Fulton financing is settled.