That would rule out the scenario of the Madera start up cost being part of the explanation. Remember, the revenue numbers I used in calculating the plant gross profit came directly from the earnings release.
The operational cost numbers came from a model which has been posted and discussed on this board in the past. I can't personally vouch for those numbers, however, they are the only input relating directly to PEIX that I'm aware of.
One thing I can so is compare those costs to the Iowa Model Plant numbers. While they will vary somewhat due to location, they should serve to at least identify whether those numbers are in the ballpark, and if there are and gaping holes.
BTW, if anyone wonders why I go back and "edit" my posts, in part it's a way to continue to contribute thought while conserving on total posts. I only have a free account and the number of post I can make in a day are restricted to 15. Editing saves on a few posts :D
News 
Market Data 
Discover 
