There are many things that I like about this company but one of the most important aspects is the cost effective way in which they harvest the biomass. This simple process combined with the dramatic reduction in the cost of enzymes over that past few years has me convinced that I think CLME will be successful. In the end the companies that can produce the cellulosic ethanol the cheapest will be the most successful.
I also like the fact that there is room for expansion in California. I'm not aware of any other companies that are looking to fill the same niche as CLME. Once they get a biorefinery up and running at that point it becomes very easy to replicate the technology and expand the business.
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