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Tuesday, March 18, 2008 11:28:58 PM
This all coincides with the article found in BioDiesel Magazine.
So from all of this confirmation let’s get to the numbers:
-Mid-2008 they will be producing 3,000,000 gallons of crude jatropha oil.
3,000,000 gallons * 3,3 liters/gallon = 9,900,000 liters of CJO
RECOPE representative said they will be paying around $0.75 dollars or maybe even more for 1 liter
9,900,000 liters of CJO * $0.75 dollars/liter = $7,425,000
BINGO!! ~ CONFIRMS AMHDs PROJECTION FROM LAST PR…
It gets even better ~ I spoke with Pan Am BioFuels: By the end of 2008 they will be able to produce up to 5,000,000 gallons of grude Jatropha Oil with their plantations:
15,000,000 liters of CJO * $0.75 dollars/liter = $11,250,000 !!
This is ONLY from their existing Costa Rica site … if we read the last PR very carefully the company plans on revenue from:
* Consulting fees for proposed and new Jatropha plantations
* Cloning technology for the production of superior Jatropha seeds
* Exclusive distribution rights of a new, superior extraction process
* Sale of Jatropha seeds
* Sale of Jatropha seedlings
THIS DD IS ONLY FROM OIL EXTRACTION !!!
They are EXPANDING … Costa Rica is only the beginning … they believe that if they are able to produce what they think they can produce we may be looking at over 10,000,000 gallons for DOMESTIC (RECOPE) & INTERNATIONAL export from Costa Rica.
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