Yellowcake, your argument is intuitively compelling but COZ are...

Yellowcake, your argument is intuitively compelling but COZ are generating growing revenue and they are getting bigger, and they are expanding their distribution network. Set aside your theoretical points for the moment and consider those points. This is purely a business question. The carbon debate is in full swing and COZ are up and running. Are you saying this company has no future as a profit making enterprise? Perhaps they will adapt as the industry develops. From a purely investment perspective all that really matters is the ability to make a profit.

Tony, i hold this stock as a long term speccy and you must admit it is a risky punt. Do you think COZ needs to expand into biomass?