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Re: TRUISM post# 203891

Sunday, 10/18/2020 10:42:54 PM

Sunday, October 18, 2020 10:42:54 PM

Post# of 285412
some here are over-reacting to the news with ADM and spiber.

looking at what is said: ADM is simply producing the protein, not anything beyond the protein. ADM makes that production here in the USA and ships to spiber facilities. Those spiber facilities are likely in both Japan and Thailand. In spiber facilities, the high volumes of USA produced proteins are to be processed into what might be products, more likely component materials, for light weight transportation products (likely car seats and potentially even tires). also, apparel, though how that can be cost effective is beyond speculation because of the many steps between what is announced and what would be ready to wear.

that is far different than what some posting here have interpreted is going on.

spiber doesn't have more than, at best, pilot production from which to scale. probably a good bet that excitement is more than a few steps shy from profitable execution.

as to KBLB, yep, eggs were announced as ready to be shipped. yep, once shipping succeeds, then feeding mulberries has its own mysteries before success. then remember that step about going to outside reeler before being ready to ship to a customer for then finding out if more than mere hope?

someone had posted incredibly helpful timelines for all this back before the failure last Winter. If I recall correctly, we have another calendar quarter of multiple uncertainties to be overcome. where is the cash for that time frame of efforts?

neither spiber nor kblb is a cog in any machine creating end products that companies can reorder based on profitable outcomes. not yet. not likely for more than another year
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