Bluefire Renewables, Inc. (fka BFRE)

[richbob]

It is a good bet that Arnie Klann has already been talking with his partners at China Three Gorges, about how/where to obtain the remaining financing. Just because they have not yet announced anything new, does not mean something isn't being worked out, even now! Remember, the Chinese have increasing interest in cellulosic ethanol, for multiple good reasons.

SucreSource probably won't do much until the Fulton plant has proven beyond the shadow of any doubt that Bluefire's technology of producing Sucrose( the cellulosic product that is then converted to any number of chemical products, including ethanol) is proven to be completely satisfactory.

We don't know much about the Korean venture, since they have a non-disclosure agreement. That could possibly involve SucreSource in their agreement, in which case the Korean Company would then need to convert the cellulosic sucrose to whatever final product they want, using their own conversion process. I believe that Korean venture has been successful, otherwise I don't think Bluefire would have continued working with the Chinese venture so diligently.