Sunday, April 20, 2008 12:33:47 PM
What am I missing? Doing some simple math here.
The article above says one company ( a competitor) is building a 20 MM GPY plant in Costa Rica, has existing infrastructure tapped, a plantation for jatropha they are developing that won't be ready till 2011. Sounds legitimate. Then I read Amelots PR and it doesn't.
It takes 3-4 years min to grow jatropha to full yield, with 25% yield after year 1. AMHD has 2,000 acres. Jatropha yields between 200 gallons per acre per costa rica ag website, let's use 360 from the above chart. That's 720,000 gallons at best 3-4 years from now.
If this plantation was planted say 3 years ago and was getting ready to produce why would those investors hand it over. If they were buying a mature plantation seems they would have pumped that. Is it safe to assume this is a new plantation?
That means they are 3-4 years from having 720,000 gallons. Where does their revenue come from till then?
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