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red lexus

01/30/15 12:50 AM

#68451 RE: mansion23 #68449

From reading Vencor's PR's over the past weeks, they indicated they already had a machine producing 7/ton per hour. The new Torretherm machine which produces 5/ton per hour should be their second machine. Gaspard said today they want to add two more in 2015. If that happens, they have production capability of around 132,000/tons per year. He mentioned orders (plural) and "in hand". That's a big investment for a start-up and shows confidence in product, marketing, and the business plan. You guys are right about the need to find out everything we can about that Vencor plant. If it's real, VGPR's plan could have changed drastically. Gaspard said the Torretherm machine is available "at a fraction of the cost of other machines currently on the market". That's a bit of a shot at Joe James and Agri-Tech, who sell the NC State machine. Perhaps Molen, with a cheaper machine, has decided on a different JV or going rogue and building without Agri-Tech, reaping 100% instead of 40%. He wouldn't need JJ's technical expertise because he has Gaspard. Think about the last VGPR CC. Gaspard knew about it but was traveling and had to cancel. Joe James didn't even know about it. Makes you wonder. Pass the Kool-Aid.

GLTA,
RL

Freewolf

01/30/15 2:10 AM

#68456 RE: mansion23 #68449

Also Garspard stated: The cost of the Torretherm machine is a fraction of the cost of other torrefaction machines currently being marketed."

So why would VEGA still aquire an AGRI TEC machine at a cost of 5 million dollars for the JV.

More evidence that suggests the JV is probably dissolved.