Making Ethanol Profittable...Looking at the market caps of ethanol producers Pacific Ethanol (PEIX) and Biofuels Energy (BIOF) listed on the Nasdaq, both have market caps substantially below $100 million, and neither one or should I say no ethanol producer that I know of is profittable.
If LEC can change that and actually make ethanol production profittable without government subsidies and without the use of food feedstocks such as corn, then I would think that LEC's market cap currently sitting at under $13 million could experience an exponential growth and probably see the share price make a hyperbolic move.
Not too long until we get some feedback regarding the trial sales of HP-L Lignin. That, IMO should be the key. atb