proactive investors today - very nice piece ;), page-9

CNG, if I have the equipment, I won't be negotiating with you, if you do not know what you have got and what you have in mind.Firstly, you must have the quantity that is viable. Secondly you must have in your mind roughtly what the grade would be to make things economical. On these 2 principles alone, BGS management must know what they have to seek a MOU with the equiptment provider. To have a MOU they just want to book their capacity so that whatever they can produced would be processed at least up to 80% capacity. Putting things together, I would say, BGS is at a juncture and ready to go. It is a matter of how they go about it, so they can have a cash flow and at the same time doing it at the lowest cost possible, that is my approach.Looking at their reports so far, the action they have taken, I would say the time is getting closer where they will get their first production cash flow. I think we are closer to the planning stage and almost near to prodction in the near future.I could be wrong but very optimistic.