Skibum, NUF grows 'carinata' and the grain of the plant is used by downstream partners (refiners) to produce SAF biofuels. From this, you can see that NUF doesnt directly produce biofuels, it produces the feedstock. NUF's biofuel strategy is to align with the supply chain in the largest markets via US and Europe where minimum SAF biofuel regulations are in place or will be. I hope this clears up why NUF doesnt sell fuel direct to end users such as Qantas.
NUF Price at posting:
$2.50 Sentiment: Hold Disclosure: Held
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