Alto Ingredients Inc (ALTO)

[kel3]

Cost Advantages In Q3

1.Yeast Tech
production yield 2 cents per gallon of ethanol produced

Yeast .02c x Q3 Production of 40,000,000 Gallons = $800,000

2.corn oil and production yield but can run from 4 to 7 cents per gallon of ethanol produced.
Magic Valley capacity to produce 60 million gallons per year/15 million per Quarter

Either
15,000,000 x .04c = $600,000
or
15,000,000 x .07c = $1,050,000

3.West Coast Ethanol Pricing adds too .163c

West Coast Ethanol $2.545

Ethanol $2.381

West Coast Ethanol
.163c x 40,000,000 per Quarter = $6.52 mln

4.Milo Cost Advantage at 1/3 Milo to 2/3 Corn Ratio
= 3.8c Per Gallon x 40,000,000 Gallons

= $1.52 Mln

5.Commodity contracts 165,5,000 Bushels Each

Pacific Ethanol Slowed Down Production,So they Probably Didnt Produce 40,000,000 Gallons Of Ethanol this Quarter.So the Multiplier Is Less than 40 mln,but You Get the Idea

Yeast=$800,000.00
+
Corn Oil=$600,000.00 to $1,050,000
+
West Coast Ethanol=$6,520,000.00
+
Milo=$1,520,000
+
Corn Commodity Contracts= ?
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= ?