Post by
TheRock07 on Jun 01, 2011 7:15am
Confluence of positive events
Germany announced yesterday that it will close all of its nuclear plants by 2022.
The price of oil immidiately jumped by about $2.50 per bbl.
Others will undoubtedly follow.
Meanwhile , the current outbreak of mountain pine beetles is ten times larger than previous outbreaks.
Huge swaths of central British Columbia and parts of Alberta have been hit badly, with over 40 million acres (160,000 km2) of BC's forests affected.
A similar story is seen south of the border.
These diseased trees , capable of providing billions of gals of ethanol and trillions of lbs of lignin. can be harvested for conversion to ethanol and lignin.
A Govt subsidy to do so would not be unexpected.
Lignol is in the right place at precisely the right time with the right technology and business model.
Comment by
birchjunk on Jun 02, 2011 11:30am
As far as I can figure, there are a lot of business activities on the go , as you can well imagine.They are running a refinery, pushing their patents forward, research and development, and now sales to their commercial partners.Inbetween, they have been attending conferences and meeting with potential business partners.Its over 6 weeks now, so we must be getting close.
Comment by
2guys on Jun 03, 2011 9:11am
Thanks for the reply birchjunk. It has been over 6 weeks since they started issuing news on their progress, but it's been about 5 weeks now since they began selling trial shipments of their HP-L Lignin to developmental partners as per their news on April 28.I don't know how long it takes to get feedback, but I agree we should be getting close. atb