AAE agri energy limited
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mossman ethanol project mothballed

  1. yellowcake
    13,177 Posts.
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    01/10/05
    11:06
    Post #: 1155015
    During the financial year to 30 June 2005, the Company resolved not to pursue the Mossman Ethanol Project in North Queensland. The proposed Mossman Ethanol Project was planned as a joint venture with the Mossman Central Mill Limited using a feedstock of C-Molasses supplied from the Mossman sugar mill and other surrounding sugar mills. The Company considers that a sugar based development is not currently viable under current sugar industry structure and world industry economic outlook.
    AAE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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