JAT 3.79% 63.5¢ jatcorp limited

possible new biofuel source in australia, page-10

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    That's right BR. The same tech that JAT has licensing rights to for use in countries like Mongolia with their vast lignite deposits, won a very competitve government grant to build a commercial demo in the Latrobe Valley.

    The $30 million grant was out of a total of $90 million on offer. So the Vic and Federal governments who funded the grant must rate the tech highly.

    Pity the market doesn't. But that should change with any news of a deal for the coal plus tech in Mongolia or elsewhere.
 
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