REX Extracting Below Industry Standard With ICM's AOS
REX extracts just .54 pounds with ICM's AOS in Q312. GERS customers are extracting 75% more oil than the AOS, with method I. Method II (1.33 pounds) will increase the advantage of GERS' licensee's to 135% more oil than the AOS.
Numbers don't lie but REX does. Back when REX said they were installing "the best corn oil technology in the industry", I thought they were talking about GERS. I would've been right, if REX was telling the truth about installing the best technology.
As time ticks by, the truth comes out. From REX's own numbers, we can see they lied. REX is extracting roughly .54 pounds with the best system ICM has to offer. Clearly REX was wrong as GERS' customer's BIOF, United Ethanol, and others are doing .9 to .95. This is 75% more oil than the ICM AOS.
I mean the AOS is supposed to be ICM's "method II". But it deosn't even get the yields of GERS' method I, let alone GERS' method II. During this drought, every drop of oil is crucial to producers. It's the difference between being able to operate or not.
For Example, Valero is using the AOS and has been forced to shut plants down due to losses. Green Plains is using GERS' technology and is forcasting profits in Q4. GPRE is increasing production this quarter. GPRE's own words are that they're able to operate the plants thanks to the earnings from corn oil.
The best technology makes a difference as you can plainly see.
At least Valero only took half the bait and didn't install the AOS in all their plants. It's coming up on a year and a half since Valero said they'd study the idea of adding the AOS to the rest of their plants. I would think they would've made a decision by now if the AOS proved itself. Maybe they're dealing with a bit of buyers remorse when they see the yields of GERS' technology soaring higher.
GERS' method II technology will be online in less than two weeks. This will widen the gap between GERS and ICM. GERS' method II system is expected to extract 135% more oil than REX and Valero's AOS.
Remember when ICM claimed the Tricanters had the best yield? They duped a lot of producers into believing this. It turns out the Tricanters extracted .2 to .3. I think the same thing is happening with the AOS. It's just another dud. In Q312, BIOF extracted 1,000,000 more pounds than REX did from 19,600,000 fewer gallons of ethanol.
Greenshift's technology is the best in the industry, period. http://www.sec.gov/Archives/edgar/data/744187/000093041312006522/c71780_10-q.htm
Good Luck To All!$!$!$!$