Quote Originally Posted by snackpack View Post
Excellent news. So if I have this right and using your $40 per barrel estimate, we could be expecting in the region of $US 176k for the first harvest. 700 tonnes at 6.3 barrels per tonne times $40 per barrel. The fact that they have secured buyers and oil production will increase as plants mature is promising too.

Their website implies much more acreage to be planted. Long term play but potential is there.
JAT - Commences first biofuel production

http://www.stocknessmonster.com/news...E=ASX&N=598132

Plenty of upside for this tiddler micro cap, especially as production ramps up