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qwk

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qwk

Re: timhyma post# 1582

Thursday, 01/14/2010 10:44:16 AM

Thursday, January 14, 2010 10:44:16 AM

Post# of 1746
The way I look at it, even if we only get warrants, the MINIMUM value of this stock is .25, using a 580 million book value. Other than the 100 million or so to finish the plants and exit bankruptcy, the company should be debt free.

If the stock trades at 1.5 of book, like all of the other public ethanol companies, then you get .55 a share.

The upside here is, the plan getting rejected. Then it's another cemjq, or even pgpdq.

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