Replies to post #14438 on Zeons Corporation (ZEON)

[copleybmt]

23 cents a gallon is all we will make off the electricity where do you come up with that statement?

Did you read the 38 page report yet?

Your first post ever and it was after such a big run yesterday smells funny!

[king oil]

are you sure about your math?

50M gallons of diesel to farm 109.5M bushels of soybeans?

it takes 4.1 gallons of diesel on average to farm 1 acre of soybeans

http://www.ers.usda.gov/Data/CostsAndReturns/Fuelbystate.xls

and 1 acre can produce an average of 40 bushels of soybeans.

So, it would take 109.5M bushels/40 bushels per acre = 2.7M acres of farmland to produce the "extra" soybeans, which would then require 2.7M acres x 4.1 gallons per acre = 11.07M gallons of diesel. (not 50M gallons).

and of course that all assumes that the 109.5M bushels are "extra" crops. Perhaps some soybeans that are exported today could be sold to USSE instead. Or maybe farmers can use USSE biofuel instead of diesel.

[rational_trader]

here is some math for you just in case you are not a basher but just plain math-"blinded"

The cost is 50c per gallon before anything from government.

60 pounds soybeans worth between $6 and $7, from that they produce 5 gallon fuel, 2.9 pound of soygas and 20.1 pounds of ash products, if u do a little math ( I did) 2.9 pounds is about 0.13 thousands of BTU, and 20.1 pounds of ash products worth $0.18 per pound if they burn it to generate power, so with ash and gas you reduce the cost of fuel from 1.3 to 0.5 per gallon.

This is all in WSR's report and CEO's letter.

And further, 1 gallon biofuel has more btu than 1 gallon of ethanol or biodiesel, (all in summit lab report) so it won't sell less than $2.5 per gallon, so the gross profit margin is $2 per gallon.