As I understand it the commissioning process is underway. But the first batch you put through a process like this may be different to subsiquent batches. Perhaps? They may tweak things and experiement a bit I imagine. Its organic science, I think of it like brewing and they will no doubt tweak things a bit during the commissioning process.
Still however it is done its a quick turnaround (as algae doubles every two hours) and this commissioning process compared to most other plants(especially those that produce oil promises to be very quick).
Thats why Im not too worried if the first run takes two weeks or two months, I know how promising the future is, so quite happy to see them do a bit of fine tuning at this point if they need to.
I expect result news within 4 or 6 weeks and contractual news well before this. A lot of investors will be caught out on this one I reckon, once it starts to roll it could happen very quickly IMO.
Tretch.
AEB Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held