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Re: traderwebb post# 9923

Tuesday, 08/14/2012 10:35:07 AM

Tuesday, August 14, 2012 10:35:07 AM

Post# of 15249
They didn't specifically mention the sites by city name (i.e. Lubbock and/or Levelland) but rather the one in "Western Texas." I'm guessing they are scrapping both sites. Wish they had determined appropriate biomass availability before getting as involved as they did. Hopefully biomass (their feedstock for nitrogenous fertilizers) is as abundant and sustainable in future sites as they were making it seem. One would think that waste would be replenishable and cheaper to obtain than fossil fuels, the typical feedstock for the fertilizers. Hope this continues to be the case.

I remember a while ago that they were in design stages with KBR for the Lubbock, Texas site. Hopefully everything they worked on (and paid on) with KBR will just apply to the modular facility in Texas. Would be complete waste of time/money if that was all for nought and not applied to the Florida site. Also, I wonder if they are stuck with land they paid for for the Lubbock site.

Regarding the timeline, from previous reports I had read from BION, Phase I engineering for the first site was supposed to be 11 weeks. Then there was Phase II engineering. Not sure how long Phase II would take. Phase III engineering followed that and I think encompassed actual construction as well. If Phase III was really the actual construction, we know from BION, and as you said, that they think they can build the plant in 18 months. So, anyway, if they can apply to the Florida site the engineering data they worked on for the Texas site, then hopefully they are that much closer to actual construction in FL. If not, it starts all over. I imagine they can apply the plans if they are planning on designing the same exact modular plant regardless of its location. If it's location specific designs, then all bets are off.

I had seen no info prior to this point that they were close to scrapping the Texas site(s), so it's kind of weird that it was just listed simply as an aside during their latest press release.