A Balanced Opinion:Motley Fool Picks EEE: The good with the bad. That's a balanced post.
Well, I believe that Evergreen is in the perfect situation. For example,
Evergreen is one of the only companies that can increase the value of lignite
and sub-bituminous coal TODAY for companies in Asia, India and the US.
Also, the fact that not everyone can afford to go clean.....well, those who can
will give money to buy K Fuel, those who can't afford to go clean wont. Simple enough.
There are two markets here: 1, Asia needs to increase the value of their sub bituminous
coal and lignite, because the big power players ( utilities, etc) in Asia have a hard
enough time obtaining the quality coal. 2. Market of clean coal ( i.e., US utilities )
Evergreen's fundamentals will work themselves out. Once the pipeline of deals
gets going, there will be plenty of cash on the balance sheet.
Just remember, companies in the US will be required to go cleaner, but they do not need
K Fuel ( one option), they can also install expensive scrubbers ( second option). The
US and the Asian countries ( as well as India and Australia), will need to upgrade
their useless lignite and sub-bituminous coal eventually, and can do do it in environmentally
friendlier manner, w/ K Direct plants.
Companies can afford K Direct plants. Don't let anyone scare you into thinking they cannot.
For Christ sake we have $100 barrells of oil flying off the ships shelves. Evergreen is well
managed and they have BIG PLAYERS in CPI, Sumitomo, and Indonesian Interests that
have plenty of CASH.