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Wednesday, 05/18/2022 11:04:31 AM

Wednesday, May 18, 2022 11:04:31 AM

Post# of 24231
Interesting comments from the earnings transcript:

50:20 Pivoting back to mining. Are you going to try to market the mining operations?

Corrado De Gasperis

50:27 Yeah. We're going to, right. There is a high level of interest in the entire district. There is a lot of value supported by the technical reports and we're going to do, look its capital allocation decision, if you can deliver hundreds of billions of value in cellulosic fuels, right, where do you want to put your capital, where you want to put your resources, where do you want to put your team? So we made that decision.

Zach Spencer

50:55 Okay. And the next question, can you please describe the raises that were recently awarded?

Corrado De Gasperis

51:07 Yeah. Look, when we did the acquisitions and we brought the team on, we came in al it below market values that was done by necessity, right? We needed to get started right away. We didn't have necessarily resources right away and we did something out of necessity. I don't think anybody would benchmark any of our salaries or any of our compensation today or over the last five years is being anything other than below market.
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