I posted a while back that the full-sized machine would only produce 43k tons annually running 24/7. The machine is designed to do that, but obviously more than one machine is going to be necessary at Allendale. Mr. James stated in the last CC that they had more than enough room at Allendale for expansion of the plant. I'm sure the building will be designed with expansion in mind and will be big enough to add at least one additional machine if not more. It's all about raising the money. They will probably be able to sell all they can produce, so why stop at one machine? Money would be the only reason. Eventually, there should be numerous ways to address that problem if things continue to progress. I think it is far more likely that Allendale is expanded than an additional plant being built, at least near term. Hopefully the credit markets can be used soon, as opposed to endlessly selling shares. Don't forget that VGPR was within $10k last quarter of making a profit...without a cent from biocoal and only about one month's revenue from biochar. With a full quarter of biochar sales and the addition of biocoal next year, one would think bank financing or other credit markets would open up, and make additional machines do-able. As long as there is sufficient biomass (wood waste, sorghum, etc) available in Allendale, they really don't need another plant yet.
GLTA longs, and looking forward to an informative CC,
RL
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