Wednesday, November 14, 2012 12:57:51 PM
GPRE is GERS #1 largest customer. ANDE is #2. BIOF is #3. GERS has 2.5 billion gallons of ethanol production under license.
Why does PEIX want to be stuck in the 1/2 pound of oil per bushel range with ICM when it's peers are extracting .9 pounds with GERS?
UNBELIEVABLE!$ BIOF EXTRACTS .9077 Pounds Per Bushel!$!$!$!$
WoW!$!$!$!$ Am I missing something here or did BIOF just report they extracted over .9 pounds per bushel?
Is this right? I mean I know GERS has stated that method I can do more than .9 pounds per bushel, so is this the first time we've seen proof? I'm shocked! Speechless....Am I missing something here?
Even though ethanol production dropped from Q212, corn oil production increased!$!$!$
Corn oil pounds 11,466,000
Ethanol gallons 36,271,000
Corn ground bushels 12,632,000
The increase in co-product revenue was primarily attributable to the inclusion of corn oil revenue in the three months ended September 30, 2012. The Company commenced corn oil extraction at both plants in the first quarter of 2012, which resulted in $4.4 million of corn oil revenue in the third quarter of 2012.
The increase in co-product revenue was primarily attributable to the commencement of corn oil extraction at both of our plants in the first quarter of 2012, which resulted in $11.1 million of corn oil revenue for the first nine months of 2012.
http://www.sec.gov/Archives/edgar/data/1373670/000114420412061808/v326141_10q.htm
Many of GERS' customers say method I installations have paid off in six months. An ICM AOS customer said it would take 2 years to pay off that system that yields 1/2 pound per bushel.
The AOS is more expensive with a fraction of the yields. GERS customers make more money, even after the royalty. If BIOF is paying 20% from .9 pounds, they keep .72 pounds after the royalty. .5 to .6 pounds doesn't compete no matter how one looks at it. 1.33 pounds is the future and the operational costs are very low.
Look, I believe in the long term outlook for ethanol, but right now, it's not profitable and all producers are hurting. GERS will be highly profitable in the Q3 report tomorrow and the stock will surge. There is no debate, GERS invented this technology and they're the best. ICM tried to come up with a system, but it's yields can't compete.
Every ethanol producer is rushing to install oil extraction. I think an investment in GERS is smart because they're profitable and the industry isn't. Imagine what GERS stock will look like when the industry returns to profits next year.
If you want a profitable stock that's in business with major companies, including big oil companies, and if you want to get in before the run, buy GERS.
Good Luck To All!$!$!$!
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