The international price of oil may be in for the biggest spike in its history. World geopolitical events are putting pressure on supply, and the potential for a serious shortage looms large.
Indcor has the intellectual property, and has acquired an ethanol manufacturing plant. Currently, certain states in Australia (NSW, for example) allow upto 20% ethanol additive in petrol sold at the pump.
The jury is out, with regard to the long-term effect of ethanol additive on the internal combustion engine. But what is know, is that the ethanol/petrol mix is far more environmentally friendly than straight petrol.
IMHO, Indcor will be one of the star performers on the ASX in 2003.