Ann: Algae.Tec Announces Biofuels Refinery Deal , page-13

re: Ann: Algae.Tec Announces Biofuels Refiner... Surandy, have a read back through the other announcements and which other irons they have in the fire.

AEB is focused on Europe in a big way, hence the Lufthansa connection. So I don't think that AEB are trying to create a market in Australia it just so happens that this is where the tech came from, rather they are going after the larger markets elsewhere. America, Europe, South America, Asia and have a few MOU's signed by interested parties already.

For MG, the fuel that is made from the facility is secondary to the CO2 uptake which is why AEB can on sell all fuel that is made at the facility.

Heres hoping they can back these last 2 announcements up with the long awaited SGS report and perhaps some info on the funding side of things.

Good to see a director sinking a sly 100 k the other day too.