Well i was personally hoping on having a construction update. Surely they must be getting close to mechanical completion.
Then we face the commissioning phase. AAE struggled with this side, due to bad contractors. I am still, however, hoping we don't face a similar issue.
There is another question. What is the demand like for PME at the moment? Oil price is plummeting, how is the PME facing giving its cost structure? CPO prices have also fallen off a cliff.
Does anyone know where we can find up to date price graphs where we can compare the CPO to the, say, Tapis or Brent crude prices? This would be a useful comparison to make.
Another question is Germany's impending change to the definition of 'biofuel' to include only those fuels with a lifecycle CO2 reduction. May serve to exclude PME from the definition and thus from filling the biofuel quote + eligability for subsidies.
IMHO, an update on all these things PLUS indian operations is overdue.
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