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Re: spidaman post# 5613

Tuesday, 04/12/2016 3:15:36 PM

Tuesday, April 12, 2016 3:15:36 PM

Post# of 6407
Sounds good, Spidaman, and Bluefire IS a California business, even though the plant being considered is in MS. I noticed that other investments by Chinese include other renewable energy companies, so Bluefire is in one of those favored industries!

The whole future of Bluefire now seems to rest on final financing of the Fulton plant. I don't know just what the hold-up is, other than reasonable caution, because there still seems to be high interest in China(CTG Corp.), who want to be sure the whole Bluefire cellulosic ethanol process is economic before committing to multiple plants in China.

With the price of crude oil appearing to have begun rising again, and with it ethanol prices, and the Chinese economy beginning to improve again, there could soon be some action on final funding for the Fulton plant.

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