re: ethanol - scarva
In these times of unreliable and expensive supply of fossil fuels, the viablility of alternative sources of energy once again becomes especially relevant.
Indcor (ICO) has announced plans to increase the local manufacture of ethanol, which can be used to produce a petrol/ethanol blend, suitable for use in the internal combustion engine. Such a blend will result in enormous foreign exchange savings, together with environmental benefit, as a petrol/ethanol blend is far less hazardous to the environment than pure petrol.
As never before, the potential for Indcor to kick a goal now looms large. IMHO, Indcor will be one of the stand out stocks on the ASX in 2003.
