Ann: Algae.Tec Growth System Validated , page-3

While you were posting Ag Au I was doing a cross check to clarify, and indeed it's not the SGS third party yield verification process outcome that we are waiting for to prove that the algae to biofuels facility at Nowra, using Co2 waste from the Manildra Group produces super yields.

it seems the Nowra plant is dedicated to aviation fuels. Colin Mcgregor is the General Manager Plant operations, and he is an aviation and biofuels specialist engineer, previously with Qantas.

However, there have been some posts which claim Nowra is the only commercial sized plant run by AEB. I think you'll find there are different plants being developed for different purposes. The plant in Sri Lanka is for Co2 from concrete production. The plant at Florida has recently been scaled up.

I don't see any reason to be pessimistic with this company, given that delays are standard with engineering projects. There are deals that are being made and this is indicative of progress. We don't know what the problems have been, but there is nothing to indicate that Nowra is not active.

Losses are only realised when you sell, until then, paper losses.