The entire enthanol industry has proven it cannot make ethanol profitable without government help. Yet we have publicly traded ethanol companies trading with multi-billion dollar market caps.
If JBII can merely prove it can break-even (aka self-sustaining), it's a massive home run.
If they can prove they can do it profitability, it's mind-boggling how huge this thing is being the only viable alernative energy oil and gas company ever.
But the company has not proved that it can do it profitably.