RE:Rev179odzie1 wrote: So it must be nice sitting anonymously posting garbage right. So don did what. Aldersyde is getting desulpherization as we speak. The new facility which is a different design than aldersyde is going on experimental production to make sure everything works and is tuned to build to 4000 lph. This has taken 16 years to get to. It's unfortunate feces slingers like you sucker people with your lies.
They can't even hit 1000lph without it crashing LMAO!
they literally got pushed back to 200lph - Not profitable!
Don admitted and alluded to the flow problems that Cielo was facing (couldn't achieve greater than 100-200 despite declaring 1000 many times before) After that Cielo became a non investment grade stock and significant downside from the over valuation created by don's promotion and embellishments that were untrue and the pricing in of what was believed to be imminent expansion commercialization which is now off the table and being revalued.
The 60lph is a negative. 1000lph was supposed to be on hand last year with 2000lph to be figured out now..with multiple 4000lph facility being built now.. the 60lph facility shows that aldersyde is not able to produce high grade Renewable diesel as advertised and won't be garnering any revenue stream above 100lph if any at all and that no commercial or 4000lph facilities will be financed or constructed as promoted and scheduled for financing already past. Funding for commercial expansion was to be in July. This is extremely negative news that puts expansion plans at a halt and the feasability of commercial output at an increased risk towards being non feasible. Considering valuation priced in forward looking revenue from 3-4 plants all of that is why the stock is crashing as it's now reverting back to a concept as opposed to inflection point of expansion/commercialization
don't forget all of the JV plants financing were depending on continuous flow of at least 500lph and engineering for 4000 so this test facility and the timeline and well expansion is definitely not part of the current outlook
This companys finished! period