Thanks for yiur comments, all good points.Apologies if I wasn't...

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dabozza

724 Posts.

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13/08/22

07:21

Post #: 63090982
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Originally posted by barewitness: ↑

Not to be wet blanket here Dabozza, but what anaerobic digester technology is this company using that others aren’t ? This technology works well in agricultural setting with consistent homogeneous feedstock, but the household organics and this food organic waste as feedstock has had a disastrous track record here in Australia, I present Veolio’s Woodlawn and cairns anaerobic digestor projects as examples. Even overseas the successful of this technology is patchy using fogo and di
verting such waste from landfill. I don’t think this comparison to LGI is readily comparable as the 2 technologies are vastly different.
Additionally there are a couple of other landfill gas players here is Aus, LGI might be looking at a roll up strategy a la Archea Energy in the states.
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Thanks for yiur comments, all good points.

Apologies if I wasn't clear, but I was using LGI as a comparison for market valuations and access to capital finance. I wasn't referencing the technology of LGI as a comparison - there, I completely agree with you that it is very different. The competiton on large scale landfill waste-to-energy includes Cleanaways ambitions, LMS Energy Anaergia, etc. They pretty much control the Australian Bioenergy Industry group:
https://www.bioenergyaustralia.org.au/join-us/anaergia-inc/

Elsewhere I have mentioned that I prefer the Delorean business model partly because the technology is simpler, already well used in the UK and Germany for example, and has a lot less competiton. As a good comparison, I would suggest Ameresco - it is not a bioenergy company per se, it is a distributed renewable / energy efficiency company which has a similar business model to what Delorean is aspiring to do.

DEL Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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