Yes, and every attempt to get financing to build a plant using the "Arkenol Process" (that Bluefire doesn't even own, BTW) has failed at the exact point where the potential financier's technical team finalizes their analysis of the economic viability.
In other words, as soon as they SEE ... they BELIEVE!
They BELIEVE, based on their technical analysis, that the process cannot operate profitably.
Read ANY .... LITERALLY ANY current publication on the state of cellulosic ethanol production ..
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