"Gold miner Harmony Gold is implementing a R47-million bioenergy pilot-scale project involving the growing of bio crops, namely giant king grass and sugarbeet, on mine-impacted land and tailings in the Free State.
The project aims to simultaneously rehabilitate the impacted land in a bid to clean up the land and return it to an agricultural state.
Speaking at Harmony Gold's fourth- quarter results presentation, held in Johannesburg earlier this month, CEO Graham Briggs said that, while renewable-energy applications in mining were not new, combining renewables with bioenergy and land rehabilitation was and that was what made this project unique.
I can't see why this is great news
WALNUT, Calif., Sept. 8, 2014 /PRNewswire/ -- VIASPACE Inc. (VSPC) today announced that the first harvest of Giant King Grass in the Imperial Valley of California, was completed on September 2, 2014.
At the University of California site in Holtville, California, two planting methods were compared. One is to plant single nodes that each grow into individual plants, and the other method is to plant whole Giant King Grass stalks continuously end to end similar to the way that sugarcane is planted. The first method results in individual plants that each have some space around them. The whole stalk method results in a dense linear row of plants each spaced about 6 inches apart.
Best quote from article:
"The Nicaraguan partners are considering a major expansion of the Giant King Grass animal feed production to help meet needs for animal feed throughout the country."
VIASPACE Giant King Grass Progress in Nicaragua--12 MW Power Plant and Animal Feed Business
"The agricultural feasibility study team included experts from Nicaragua, Costa Rica, Europe and the United States. The team reviewed plans for planting, growing, harvesting, transporting and processing 284,000 tons of fresh Giant King Grass every year for the 12 MW biomass power plant. The team heard from the local Energia Reino Verde team that has been growing Giant King Grass in Nicaragua since 2012. Energia Reino Verde (English translation "Green Kingdom Energy") is the special purpose company that will own and operate the 12 MW biomass power plant and 2,100 acre Giant King Grass (GKG) plantation in Nicaragua.
The grid connection group of the feasibility study team also visited the plantation and examined potential sites for the power plant. They also conducted a survey for the route for the transmission line to connect to the Nicaraguan grid. The distance is approximately 9 km. The power will be sold to the Nicaraguan grid and potentially also to private customers. Nicaraguan law allows private customers to use the grid to deliver reliable electricity to them.
A potential Engineering, Procurement and Construction (EPC) contractor from the United States visited the plantation and power plant site to evaluate the project. Energia Reino Verde is interviewing several potential EPC contractors and hopes to make a selection after the feasibility study is completed.
Nicaragua is currently in a drought, but the Giant King Grass plantation is located on Lake Nicaragua with plenty of water for irrigation. Animal feeders throughout the country will likely face a serious shortage of animal feed in the beginning of 2015. The Nicaraguan partners are considering a major expansion of
"VIASPACE focuses on the renewable biomass energy business and on our Giant King Grass, which is a proprietary biomass crop. Biomass is just a fancy word for biological materials such as trees, grass and crops. And so when people are talking about biofuels or bio energy or biomass, they are talking about fuels that are derived from trees, grass, or crops. In the renewable energy business, the most well known things are wind energy, solar energy, and hydroelectricity. And the attractive things about these options is that the energy source is free. The sun is free and wind is free and there are also no carbon dioxide emissions, but the major disadvantages of these solar and wind are that they are intermittent. Wind energy is only there when the wind blows and you can't depend on it for electricity. You need a backup generator to go with the wind power plant so that when the wind isn't blowing the generator is going and the wind is blowing hard, the generator generates less, but you really need two power plants if you are going to use wind. Similarly for solar, what are you going to do in the night time or on a cloudy day, you need a backup and batteries are good for your laptop or your cell phone but the batteries aren't available on a utility scale. So for solar and wind you need backup power, which means two power plants and that makes it more expensive.
The real payout is Harmony and that will make this stock soar
doesn't take much at these price levels and volumes. can be almost anyone at this point. UGH!
I agree with both ur replies BUT with stocks and companies like this (as long as the company is legit) the pricing is usually based on future earnings and revenues and growth.
3 things that VSPC really seems to be finally getting.
I really expected a whole lot more.
Story on Yahoo now - WOW
- VIASPACE Inc. today announced that the company has entered into a research collaboration with the University of California Agriculture and Natural Resources Division (UCANR). The objectives of the research are to:
Compare the growth of Giant King Grass using subsurface drip irrigation with flood (furrow) irrigation
Compare individual node and whole stalk planting methods
Evaluate yields when cut every 6 months for bioenergy applications
Evaluate yields when cut every 2 months for animal feed or anaerobic digestion to produce biomethane
Evaluate growth of Giant King Grass in a very hot dry climate
WALNUT, California, July 7, 2014 /PRNewswire/ -- VIASPACE Inc. (VSPC) today announced that the company has signed a Giant King Grass Supply Contract with ReSource BioEnergy, Inc. to supply Giant King Grass for its bioenergy projects in Jamaica. Giant King Grass propagation nodes were harvested from the VIASPACE nursery in California, inspected by the United States Department of Agriculture which issued a phytosanitary certificate, and were shipped to Jamaica where Giant King Grass was planted and is now growing.
Totally agree with your assessment. BUT Wall St. is VERY forward looking and if 2015 is the year of revenues than the stock price should be reflecting more now than just speculation. Not sure how VSPC can garner a little more attention.