RE: Haywood resumes buyingPost-summer update?
Well I surely hope this update, whenever it be, includes plans to build a commercial biorefinery so that Lignol can compete in the marketplace.
They've been testing their application using their lignin for the OSB market since April. Is this enough to ensure the building of a biorefinery, or will they have to test their other applications as well, including any of the cellulose they produce with their collaboration with FP Innovations?
I'm concerned that Lignol is further behind than the pack and we need something to expedite the building of a biorefinery to compete with the other companies that are in the process of building a refinery, and/or are already producing products.
It would be a welcome site to see some life come back to this stock, including some form of promo. Having Lyall selling at this juncture is counterproductive, IMO, but that's his choice. He is after all from Haywood, and now that he doesn't have to report his transactions, it makes it more difficult to track whether he's accumulating, or selling. JMO