Ann: Projects Update , page-10

It's a speculative stock, so caution is well advised.

My calculations indicate that at maximum capacity, the furnace will require over $13m/month. So they have enough money (from the last capital raising) to run it for one month at maximum capacity.

I doubt they'll start at maximum capacity. They have to work out their processes and sort out any teething issues.

As long as production is profitable, they can continually reinvest the profits into increasing feedstock purchases, and slowly ramp up over the course of the year (the ramp up phrase is 2013-2014, full capacity is 2015 and dependant on Big Hill).

They have a financing agreement with Wogen, which means that they should get paid for most of each consignment once it's accepted at the port. How much, they have not elaborated on.