<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,154,601 <SECURITIES> 253,738 <RECEIVABLES> 2,830,626 <ALLOWANCES> 0 <INVENTORY> 2,621,760 <CURRENT-ASSETS> 9,331,835 <PP&E> 52,527,871 <DEPRECIATION> (4,328,945) <TOTAL-ASSETS> 58,700,263 <CURRENT-LIABILITIES> 7,401,909 <BONDS> 11,205,573 <COMMON> 4,289,049 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 35,803,732 <TOTAL-LIABILITY-AND-EQUITY> 58,700,263 <SALES> 3,040,621 <TOTAL-REVENUES> 3,266,524 <CGS> 2,844,711 <TOTAL-COSTS> 2,321,245 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 152,801 <INCOME-PRETAX> (2,052,233) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,052,233) <EPS-PRIMARY> (0.04) <EPS-DILUTED> 0