I believe they HAD to perform the R/S to get through the DD stage of the DOE loan. In the next month or two don't be surprised to see a share offering of 3-4 million shares at around 6-7 dollars a share. This will raise the 25 million they will need for the plant. Add 25 million from BP and the 80% from the DOE loan and you have 250 million. I don't think they would have gotten the DOE on their old plan. The DOE wanted to see certain goals hit before they give the money. I think they are now a shoe in and should be 10-15$ by the end of the year. And possibley 40-50$ by the time the plant is completed. Great long term play....I still want to see what occurs the next few weeks to the share price after the R/S. It has held up well after the annoucement.
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