Whats Really ExcitingGreat informative posts along with solid technical information!
But, let us not forget that Lignol's other goal is to produce ethanol from wood based feedstock at prices as low as $2 per gal.
The emphasis on HP lignin sales is to protect and diversify ethanol production against the cyclical nature of gasoline prices. That way, they can always make a profit on ethanol sales.
They have been testing various combinations of Novazymes extraction enzymes together with Lignol's pretreatment enzymes for a year or more in the pilot refinery.
Its not unrealistic to expect success that could see ethanol production at costs down to the $2 level.
This is what is really exciting.
They could then make money not only on their HP lignin sales but also on the ethanol production sales.
At current gasoline prices, Lignol's ethanol would generate over $25 million in profit margins.
Patent royalties would add to this.
For this reason, the next few press releases could transform Lignol from a speculative buy to a value buy.