Thursday, October 27, 2011 8:15:16 AM
$3,116,000 would be 20% of the $15,580,000 in corn oil revenues for the quarter.
They have to keep the DDG side of the business whole for the difference in value of the deoiled DDG's.
I'm pretty optimistic, but even I didn't expect 32.7 million pounds. That's a million gallons more! <<<
And GPRE spent 28+ mil $ buying back shares from their largest shareholder. Its too bad common shares of GERS have no vote otherwise someone might try to buy a control interest.
One would think after all the work that went in to creating these processes and fighting court battles to enforce them, maybe its time to reap some rewards maybe even leave a few crumbs for the long suffering shareholders here.
" In the Land of the Blind a one eyed man would be King" Stephen Wynn, CEO WYNN
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