re: 2 weeks initial capacity of 2 plants approx 100ml/annum....

re: 2 weeks initial capacity of 2 plants approx 100ml/annum. possible 10% increase may be achievable.

re govt grant: need local offtake agreement to nail govt grant.. therfore some time and effort has gone into this. As capex for 1st 2 plants done and dusted grant then falls thru to bottom line.. this plus the offtake agreement will facilitate financing for plants 3&4 likely producing 2007/8 onwards dependant upon sales etc.

Have significant advantage over BEI etc as significantly greater feeedstock range allowing localised feedstock matching to plants etc (BEI cannot do this) hence greater margins here and also thru choice of feedstock dependant upon market conditions ie canola, tallow etc.

These guys dont make much noise but may not be able to avoid some over next week or two.

AMU still holds 30% too.