RE: Suncor JV Plant Construction...Am I not correct that Lignol as an LOI with Suncor too ?
TheRock07, I'm not sure if Suncor is still in the picture although I believe I read somewhere that Suncor still retains the right of first refusal regarding the construction of an ethanol plant using LEC's technology. I asked the company but still have not received a reply.
Suncor was working with LEC for 3 years prior to them suspending the construction of an $80 Million ethanol plant in Colorado back in Feb. of 2009. Maybe someone else has more indepth knowledge of how the Suncor relationship is with LEC and if Suncor is still a development partner.
Here's the link to the news release for the project suspension.
https://www.lignol.ca/news/2009-feb9.html