RE: RE: RE: Pacific ethanol - Short interestEach week brings us closer to feedback news.
In the meantime, corn-based refiners like PE have little hope of being profitable and , in the absence of free cash flows, brings them closer and closer to bankruptcy ( PE has already been there once ).
Govts have mandated that alternative fuels increase their contribution profiles to annual energy consumption , yet those cannot be achieved ,with first generation biofineries ,even as they have first call on the corn crop.
Lignol stands poised for a breakthru.
It has an alternative and newer generation model whose feedstock source is forest/pulp mill waste, and whose costs and product output have already been scoped.
3 birds with the one stone.....alternative fuel, converting industrial and forest wastes to useful products ( green ) and replacing petrochemical products with renewable ones ( ie HP-L lignin derivatives ).
Having worked with their commercial partners on product development, we have an excellent chance of confirmative and affirmative feedback.