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Re: Magmar post# 4474

Wednesday, 03/17/2021 6:28:11 PM

Wednesday, March 17, 2021 6:28:11 PM

Post# of 6711
Gevo's struggles are actually good news for ALLM for two reasons:

1. If Gevo were to adopt Blue Biofuel's CTS 2.0 technology, thus reducing their costs to produce ethanol, it could change their poor financial performance. Gevo management certainly might find that to be attractive.

2. Closing the plant in Lucerne just gives Blue Biofuels another target for potential purchase with any new strategic partner(s).

Gevo's weakness and poor results help to open the door for ALLM to get their foot inside with their superior technology. Gevo is not the only ethanol producer struggling with the combined problems of high feedstock costs and a cumbersome, and financially burdensome, method of converting sugar to ethanol using enzymes and other expensive additives.

We would not be surprised to see some sort of a possible joint venture emerge down the road between GEVO and ALLM.

Things may be getting worse for GEVO, but it appears that they are certainly beginning to improve for ALLM, despite your protestations to the contrary.


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