Replies to post #13598 on Alcar Chemicals Group, Inc. (fka ALCX)

[Han2004fl]

i am not sure on that one, i have to look back at the pr. That part was not as important to me as the identification of the Siam Group.

This is what I found on The Nation (newspaper) that comes close to the size of what ACMG pr

"Thai Oil's first ethanol plant will produce up to 500,000 litres (132,000 gallons) of ethanol per day from tapioca. It is expected to be completed by the middle of 2008 at a cost of US$150 million (Bt5.6 billion)."

As of June 30, Thai Oil Group had consolidated assets of Bt127.74 billion, liabilities of Bt57.48 billion and shareholders' equity of Bt70.26 billion.

..........

ACMG's plant is to have two plants at 3.7 million litres (1 million gallons) a day capacity. Do not add up.