SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Energy Biosystem Corp NASDAQ-ENBC -- Ignore unavailable to you. Want to Upgrade?


To: chris who wrote (282)2/8/2000 2:26:00 PM
From: C E D  Read Replies (2) | Respond to of 336
 
Chris,

I agree it may be under $10 by weeks end, and yes there is risk here. EPA dead lines for reduced sulfur content are in place in stages. The company has had a generous portion of Gov. money. For this company everything hinges on the success of this bio process. That said, the upside potential is huge, enough for me to place a few coins in it at the right time. Some oil companies have placed some money here also, they have a vested interest in the process success. The current technique to reduce sulfur has sever limits to meet the new EPA requirements. This bio process may be used after the temperature and pressure process has removed a portion of the sulfur, or used in place of that process, which produces hazardous waste. This is not an investment for the faint of heart. BTW, I am not currently in this stock.

Regards,

CED

ps. It hard to judge the desulfurazation cost savings here, the increased cost of using the old heat and pressure process to meet the new targets and the undesirable side effects are not fleshed out yet. MHO



To: chris who wrote (282)2/9/2000 1:24:00 AM
From: William D. Tanner  Read Replies (1) | Respond to of 336
 
They could reduce the cost of desulfurization by 50% considering current government requirements for sulfur content. The current requirement of about 350 ppm of sulfur will be tightened to 35 ppm by 2006. Current process claims a cost of up to 15 cents per gallon to reduce content to 35 ppm. ENBC process may be able to do the job for as little as 1 cent per gallon. Current processes generate hasmat as a byproduct. ENBC process generates valuable sulfates which could be sold to soap companies. In light of the stringent standards which will be imposed within just a few years I see a great deal of potential here.

By the way thanks Sector, I followed you here.

Regards,

Bill,