some importants notes and facts, page-3

Very interesting Information now I finally get what EPA is about
Green Energy and Bio Fuel

"Advantages
• Nipah palm produce 5-7 times more ethanol compare to other biofule plants.
-Producing ethanol from nipah will not affect the global food supply.
• It’s part of CO2 cycle. The leaf structure is the only species of its kind that absorb during the day large volume of photovoltaic and photosynthesis Carbon Dioxide (CO2)."

So it's more 5-7x more efficient, it's not an edible food like corn etc and it absorbs Co2 gas
is this some wonder plant?

not sure about these financials below though seem very far fetched but explain the $300m valuation on IPO

"Financial Value of FirstFlower Nipah Ethanol Project The current wholesale market price of high grade ethanol would be around 0.60 to 0.65 US$, which would give a gross value of one hectare of around 7500 US$ per hectare per year. At full efficiency costs of production are estimated to be 0.25-0.30 US$ per liter, start-off costs estimated at around 0.45 to 0.50 US$/liter. It should be appreciated that at this very moment prices of oil - and ethanol - are historically exceptionally low, and that some increase can be expected. More importantly even at the current price levels and start up efficiency, production of ethanol yields a gross return of around 0.10 US$ per liter equaling a ratio of almost 20%. At estimated full efficiency costs, assuming a conservative 0.30 US$ costs per liter, this ratio would double to 50%, excluding repayment of capital costs. It follows from the above that the financial value of 20,000 hectares of Nipah at full efficiency and capacity over a period of 20 years equals – at current market prices – 20 years times 20,000 hectares times 8560 US$ per hectare, is 3,463,200,000 or 3,46 billion US$ (appraisal by Lloyds Earle Panicker International Inc, report dated March 12th, 2010)."