Hooba,
Sorry, should read 350K acres not hectares
Jathropa starts yielding from year 2 and is fully mature at year 5
Will produce up to year 30.
MBT's plantations are currently 350,000 acres out of 700,000 available acres.
60,000 acres planted in 2007 yielding this year
290,000 acres planted in 2008 starting to yield later this year.
Up till now, MBT has been producing from palm oil feed but over the next couple of years will progressively transition to the use of their Jathropa feedstock.
Expected yield from mature trees will be around 1 gallon per acre so current plantations will match the production capacity of 350KT
BTW 350,000 Tons is roughly 350 million liters!!
A very comprehensive company presentation can be found here
http://imagesignal.comsec.com.au/asxdata/20090911/pdf/00987312.pdf
Cheers
Hooba,Sorry, should read 350K acres not hectaresJathropa starts...
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