A Negative is Management nailing contracts taking time. You may be aware the Fed Gov (Liberal) changed the rules for (Ie Removed the Excise $ Insentive and forced Bio Companies to blend with conventional Diesal) ARW did suffer from bad Management direction and plant establishment delays. The potential USA Plants and the USA Process licence is a real asset.
I am a fan. I have been a follower & Holder of ARW for many years. And I must admit they like all “Bio” Companies have had an uphill battle with primarily with governments removing rebates and the perception that Bio companies use food to produce there products. (ARW only uses 10%)
I think ARW is on the verge on overcoming the MOUNTAINS and will receive many “Speeding Tickets”
I have tried to list the positives and an update.
• Carbon Credits. • W.A. Gov Bio Mandate. • Mining industry Bio/Carbon credits Mandate. • World oil price. • Capital raising for Customer tank. • Major mining company contract. (Close) • Company profitable as per the Appendix 4C. (Last 3 months) • Profitable on Picton plant output only. • Both plants fully operational. • Quality product on spec. • Managing the 80/20 rule. • Both Plants out of Mothballs. • Product Clouding (below 15Deg) resolved. • Two new major shareholders app10% each. • Internationally Major Oil companies buying Bio Diesel companies. • Exposure in the USA with plant fezability underway. • USA Bio Diesel promoting with $ insentives. • Energea process. Only 15% of “FOOD” used in the “fat Tallow” unique Energea process. • Energea Licence USA Mexico Australia & N.Z. Real negotiating tool. • ARF Limited has an exclusive five-year feedstock (fat or tallow) supply agreement with Gardner Smith, Australia's market leader for the delivery and storage of fats. • Land & Plant greater value than market Cap. • W.A. Gas problem flow on effect.. • In the last “X” weeks the market has recognised ARW with the daily turnover and share price resultant to the current upheaval. • Chairman’s upmarket assessment per the Rights Issue letter. • Yesterdays announcement. "and the near future is looking very positive" • Market recognising the true value and potential of ARW.
I am hopefull with the already suggested Major Contracts pending investor they will move forward.
Don’t forget BOTH PLANTS are now out of Mothballs per yesterdays announcement.
TEK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)