Post by
dangerousjd on Jul 26, 2011 9:20am
Signed deal with FPInnovations
News was just released a half hour ago if someone could cut and paste it.......very signifant news distributing and commecialization 5 year deal.......this is the news that likely will kickstart the shareprice upwards Im assuming.....im very happy with this news release and look forward to this continuing to grow.....I think there was more companies wanting there paws on Lignol but looks like FPInnovation was the winning suitor...
Comment by
2guys on Jul 26, 2011 10:52am
dangerousjd, this is a great indicator of things to come, but I believe what will really move the share price is a commitment to build a commercial biorefinery.That is in the works, but it hasn't been finalized in terms of an agreement with any partner 'yet', and I believe until it is, the market may not give LEC stock the value it deserves. JMO
Comment by
str8tgoods on Jul 26, 2011 1:26pm
I would have to agree. Until Lignol signs a contract to build a refinery, the stock is probably stuck in this range. Any idea how long that will be, 6 - 12 months or more? They said they expect to be selling ethanol by next year, but they didn't specify the quantity or when next year.