from the CEO's statement in the HY from last night:ARfuels...

from the CEO's statement in the HY from last night:

ARfuels expansion strategy is being reviewed with a view to a rapid acceleration once the adelaide plant is operational. A number of initiatives are being actively pursued while still maintaining our primary focus on establishing our first two operating plants"

The board also concluded that no revision to profit forecast is necessary due to the delay in final testing at adelaide.

Also both projects (adelaide and picton) are scheduled to commence operations in the next 2 months


my take on this is that allowing for the fact that it will take 6 weeks to commission WA then adelaide is obviously very close and the fact that profit estimates are still intact that these will be a makeup in margins/gate price covering the slightly reduced operational period due to the commissioning delay.

ie once adelaide is comercial then wa to follow 6 weeks later then other plants in rapid succession.