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value1008

05/22/14 4:01 PM

#15316 RE: wadegarret #15315

PEIX-- Wade, if you're only trying to estimate for Q2, that may be fine.

> I can't see more than 20M fd shares total going forward- for now.

But at some point, probably later this year, the treasury method gets replaced when the bulk of those warrants get exercised. And then by likely Q4 you've got near to 25M shares f.d.

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kel3

05/22/14 11:04 PM

#15318 RE: wadegarret #15315

Rule_62 entered latest margin into margin spread sheet table,well above Q1 http://i57.tinypic.com/2vt1n6a.jpg

Net Margins Rising again
http://www.professionalagmarketing.com/images/E0176001/EthanolMarginSheet.pdf

Front Month Ethanol Crush Spread Growing,West Ethanol Price Higher
http://www.progressivefuelslimited.com/Web_Data/pfldaily.pdf


Ethanol Price SPIKING Hard Again
http://www.nasdaq.com/markets/ethanol.aspx


Corn Near the LOWEST Price in a Month
http://www.nasdaq.com/markets/corn.aspx?timeframe=1m

Weekly Ethanol Update Allendale
http://www.allendale-inc.com/weekly-ethanol-update-32/