Replies to post #3761 on U.S Fuel Corp. (fka USFF)

[amarkiii]

Here is a link to a commodities listing scroll down to corn.

http://money.cnn.com/data/commodities/

[tom8oes]

ride..piece a' cake! I thik the type of corn they use is running right now about $2.bushel, so that puts their cost at $25,000,000.000 Add in transportation costs of about .50/bushel to get it from the midwest to their plant and that's another $6,250,000.00 They have to unload it, and probably prep it somehow. Maybe another $1/$2 Million there. So they will spend about $33,000,000.00 just for supply. Now, what do we pay? Probably zero, zip, nada! May most likely even get paid to take stuff, since it is waste.

Sooooooooooo, let see........Can you figure out the rest?

I think the average cost just to make corn distillery type ethanol is around $1.40/gal. Now they have to add in admin, and plant costs, and all the other goodies that go along.

I think ours will wind up at about .20/gal cost, if I am figuring correctly.

[the guru]

Ride,go to JMDUTTON.COM,and read initial coverage of PEIX,you will find the numbers there.
Guru