RE: RE: No Further DOE Funding Required...The DOE route has been long dead, as Lignol has redefined its production model away from food based biomass towards waste cellulosic sources that create a green footprint , with ethanol production being secondary to HP lignin derivatives.
Its been obvious for a while that they have been involved in discussions with several parties to fund its first commercial biorefinery.
An offtake agreement for one of the two products ( ethanol or HP-L ) will be the source of the funding and its a fair bet that we shall see news soon on this issue.
I am convinced that we are on the cusp of major corporate developments that shall reward us in multiples..