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<p class=MsoNormal style='margin-top:4.0pt'><span style='font-family:"Calibri","sans-serif";
color:#1F497D'>Sounds a little like, "Back to the drawing board."<o:p></o:p></span></p>
<p class=MsoNormal style='margin-top:4.0pt'><span style='font-family:"Calibri","sans-serif";
color:#1F497D'>There is some critical scale for pilot-development that helps to
reduce the risk of up-scaling. Duh! If RF had dropped $10MM, people would be
startled. But $300MM? It's literally unbelievable.<o:p></o:p></span></p>
<p class=MsoNormal style='margin-top:4.0pt'><span style='font-family:"Calibri","sans-serif";
color:#1F497D'>There must have been a bunch of golf weekends at St. Andrews
included on the tab. Wow! A (RAT)HOLE-in-one.<o:p></o:p></span></p>
<p class=MsoNormal style='margin-top:4.0pt'><span style='font-family:"Calibri","sans-serif";
color:#1F497D'>Magic happens; now watch us make nearly 1/3 Billion U$D
disappear.<o:p></o:p></span></p>
<p class=MsoNormal style='margin-top:4.0pt'><span style='font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p>
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<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
gasification-bounces@lists.bioenergylists.org
[mailto:gasification-bounces@lists.bioenergylists.org] <b>On Behalf Of </b>Viswanathan
KS<br>
<b>Sent:</b> Monday, January 24, 2011 7:13 PM<br>
<b>To:</b> Discussion of biomass pyrolysis and gasification<br>
<b>Subject:</b> Re: [Gasification] Range Fuels Closing Plant<o:p></o:p></span></p>
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<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal style='margin-bottom:12.0pt'>Does it mean that Range Fuels
have still unsolved problems in their Cellulosic Ethanol process?<o:p></o:p></p>
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<p class=MsoNormal>On Mon, Jan 24, 2011 at 11:17 PM, Tom Miles <<a
href="mailto:tmiles@trmiles.com">tmiles@trmiles.com</a>> wrote:<o:p></o:p></p>
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<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span
style='color:#1F497D'> </span><o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><a
href="http://www.sustainablebusiness.com/index.cfm/go/news.display/id/21755"
target="_blank">http://www.sustainablebusiness.com/index.cfm/go/news.display/id/21755</a><o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span
style='color:#1F497D'> </span><o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span
style='color:#1F497D'> </span><o:p></o:p></p>
<p>"Cellulosic ethanol company Range Fuels is closing its Soperton,
Georgia facility after completing it first batch of ethanol, according to story
posted by Georgia Public Broadcasting. <o:p></o:p></p>
<p>The firm, which has received more than $300 million dollars in state,
federal and private funding, will lay off the majority of its workers and
shutter operations, while it attempts to raise more money and address technical
issues." <o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span
style='color:#1F497D'> </span><o:p></o:p></p>
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<p class=MsoNormal style='margin-bottom:12.0pt'><br>
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