Tuesday, November 06, 2007 6:46:14 PM
We should also be posting on what our partnership does for the oil biggy! There are definite benefits to whatever energy company hooks up with us, provided our products perform as indicated.
There also a lotta talk on how can we be profitable with soybeans at ten bucks a bushel. First of all, we are able to work with off spec beans and product. Second, we utilize a mixture of both soybeans and chopped corn stalk - almost a waste product. Only a portion of the mixture need be soybeans - I forget the percentage.
If using a 50/50 mixture by weight our cost per gallon goes down quite a bit. But even if we used a three to one ratio soy to cornstalk, we would still be a lot cheaper than 100% soybeans for feedstock.
If the oil biggy can cut costs down on their retail product by 10 cents per gallon, thats a whole lotta profit.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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