Commercial Opportunities for Lignol...Lignol IMO, is taking the appropriate step to making their project commercially viable through means other than relying on the need for Government funding and subsidies.
Tax advantages as a Green incentive is great, but relying on the Government to make a project move forward has proven unsuccessful for every 1st Generation ethanol producer who just aren't profitable on their own merits.
What Lignol is embarking on is what all business ventures should target and that is having a high demand, Green yet profitable business that needs no Government subsidies/grants in order to survive. What value is there in a non-profitable ethanol producer that is only running due to Gov subsidies? Absolutely none.
Lignol will, if all goes well become a profitable ethanol/HP-L Lignin producer. They will have several options with regards to revenue streams, production, patent royalty, JV Partnering etc. LEC is almost there as TheRock has pointed out. Just a little more patience.
I may not be as overweight in this investment as some, but I may pick up some more shares if there is any sign of weakness. I strongly believe that Lignol is on the right track. As long as management negotiates the most optimum of deals which I believe their intentions are there to do so, then shareholders should do well in the long run. atb