Mickel thanks for your insight and research.
I suppose to summarise the Velocys microchannel reactors look promising but are not yet commercially complete.
I have to say still think a $10m plant producing 2500 BOPD seems too cheap - but I agree there may well be other ancillary equipment that is not included in the capex. But in any case the first plant in China will have the CAPEX paid by GCL
Still leaves us wondering when the deal with GCL will be signed off.