American Energy Partners Inc (AEPT)

[ajja]

1 of 50 W2 PRs that never materialized into REVENUE ....I will post one every day

W2 Energy, Inc. (PINKSHEETS: WTWO) is pleased to announce the immediate development of a Coal/Waste to Liquid (CTL) prototype plant capable of producing 10 ton/day coal/waste synthetic fuel production in Selebi-Phikwe.
W2 Energy estimates the cost of manufacturing the CTL plant at $5 million. Fuel production for the 10 ton/day plant is estimated at 1,000 gallons per day. However, after the utilization of EGM's Enhanced Fuel Refinery System those estimates are expected to reach 7,571 litres or 2,000 gallons per day.

Recent diesel fuel prices in Botswana are .97 cents (USD) per litre or $3.68 (USD) per gallon. At a production level of 7,571 litres or 2,000 gallons of biodiesel per day, estimates see revenues producing approximately $2,686,000 (USD) per year. Those estimates are for fuel production only and do not take into consideration any power produced by the plant.

imo