InvestorsHub Logo

richbob

06/10/16 3:28 PM

#5735 RE: JRG19 #5734

The Arkenol process has been semi-commercially tested in Japan a few years ago( see BFRE website). Full commercial production viability is the initial purpose of the Fulton plant, followed by many other plants in both China and the USA, assuming the process works good. Its economics should be favorable vs. ethanol produced from corn, given the low or no cost of cellulosic waste materials.

All that BFRE needs of the total $300M is around $30M, since the Chinese EXIM Bank has committed to lending $270M.

HMONNY

06/13/16 9:51 AM

#5736 RE: JRG19 #5734

Well gas seems to be expensive again at the pumps....