ethanol plant purchase

  1. 1,256 Posts.
    Just wondering whether there is any chance this minnow or lower than a penny dreadful, has any chance of being a money earner. It seems that with all the talk about 10% (or thereabouts) Ethanol being allowed in our petrol, that this company may be onto something. They are at 1/3 of a cent each share price at the moment and a market cap of about $220k.
    Surely they would be given government grant money and all sorts of tax benefits for producing Ethanol from the sugar refining industry.
    Just a thought. Any views or knowledge about this one would be appreciated.
 
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