Molen claims to build a bio-coal plant in Crispy County, yet nobody questions how it is possible. There are no commercial scale torrefaction furnaces for sale, and no company has managed to prouduce bio-coal energy efficiently todate. There have been announcements by some biofuel companies that pilot scale plants are being planned, but no company has the technology to produce bio-coal in big amounts.
The first question, when considering to make an investment in Vega should be that what is this bio-coal all about. It just appears to be a product of Molens imagination that bio-coal could be sold to power plants around the world, when in fact the whole concept is very questionable. Think about the amount of heat energy needed to carbonize thousands of tons of biomass daily. It does not make sense to consume huge amount of energy to produce a fuel.
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