Anaergia Inc. T.ANRG

a thought after listening to conference call

[Possibleidiot01]

Only listened to the Q and A and eventually the Roth analyst asked the question I wanted answered  which was about the sold Tonder plant .
Yes  the company should realize a benefit from the sale . Book value is between $58 - 60 million and proceeds were about $80 million. Analyst said " understood and congratulations."
I think he was unsure if a profit had been possible .
Maybe he was wondering if it was a fire sale to shore up financials.
BTW Andrew Benedek very opposed to selling more shares at this price and also talking about many many opportunities available to company and how selective they will be .
Still not buying ( willing to miss a bottom) but not dismissing the idea either.

[templetooth2]

I haven't listened to the call yet, so maybe I'm being too pessimistic, but it seems to me the first "opportunity" confronting the company will be keeping Rialto out of bankruptcy.

[Possibleidiot01]

"The combination of feedstock and regulatory delays has impacted anticipated revenues for the RBF in Fiscal 2022. Each of the members of the RBF’s project company, Rialto Bioenergy Facility, LLC (“Rialto”), has provided certain loans to support operations, including debt service. Under these circumstances, the Rialto members will consider the pace of the recovery of feedstock volume in 2023