Marv, Completely agree with you on your analysis. Thething that heartens me is that the technology was proved at the trial factoryat Berkleyvale in NSW and thats currently where modules are constructed. I imagine that they will shortly have to subcontract out construction of these50tpd modules to maintain or achieve their 7/7/7 policy. So thats 21modules Im assuming working, planning, developing. They did employ a project manager whose role as I read the announcement was to oversee manufacture of modules by manufacturing plants to satisfy the worldwide demand. As I see it, potential is huge. Ultimately you could nearly imagine have a 50tpd module at every rubbish tip on the planet.
Re the price, shares did get into the 60c range and I assume that was based on the company potential as seen by the market. Cant see any reason why after Amsterdam goes live, that the market starts doing a calculation on future developments and company capability.
I keep a log of various developments and announcements, where many of the previous announcements seem to go quiet, however a few significant few, do seem to be progressing well. Do your own calculations and naturally I cant warrant that any of the following is correct as its just based on various announcements that are released from time to time. Seems they are trying to be better at keeping the market informed though Comments are all mine from following announcements and I could naturally be wrong in my understandings.
Location Status Local Partner Name Tonnes pd Equity position % Fuel production litres pa 1 2 Spain No update EMW 400 90.00% 140,000,000 3 Thailand Approved by government & Tax authorities IRC 200 90.00% 70,000,000 4 India No update: Assume cancelled ??? 0 90.00% 0 5 Victoria No update AGE 50 51.00% 17,500,000 6 Amsterdam 1 Dur for production June 19 PARO1 50 90.00% 17,500,000 7 Amsterdam 2 Dur for production November 19 PARO2 50 90.00% 17,500,000 8 Amsterdam 3 No update: Cancelled? PARO3 300 90.00% 105,000,000 9 UK No update Grimsby 200 90.00% 70,000,000 10 UK Approved for construction Northhampton 200 90.00% 70,000,000 11 CHINA Expecting approvals shortly BCH 200 51.00% 70,000,000 12 HONG KONG, Eco Park Environmental Feasibility Study underway Telford Meinhardt 200 70.00% 70,000,000 13 USA No update GEP1 1500 50.00% 525,000,000 14 USA No update GEP2 1500 50.00% 525,000,000 15 USA No update GEP3 1500 50.00% 525,000,000 16 USA No update GEP4 1500 50.00% 525,000,000 17 USA No update GEP5 1500 50.00% 525,000,000
