GREY:XEBEQ - Post by User
Comment by
Newtrader1982on Sep 10, 2021 9:02am
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Post# 33838984
RE:RE:Gevo
RE:RE:GevoYes I realize that's why it jumped 37 percent I guess my point was their financials are horrible but are still afforded a billion dollar valuation and are behind the curve on green hydrogen. Also one big partnership like that for xebec could send it skyrocketing just like gevo.
Ciao wrote: ?
They are up 37% because they announced vs collaboration with Chevron.
https://stockhouse.com/news/press-releases/2021/09/09/chevron-gevo-xa0-announce-xa0-intent-to-pursue-sustainable-aviation-fuel-xa0 Newtrader1982 wrote:
Take a look at gevos financials and that company is worth 1.6 billion up 37 percent today. Earnings and revenue missed in q2 revenue of 422 thousand down from 1 million the year before and a net loss of 18.3 million. In the earnings call this is what they said about green hydrogen. We also plan to making green hydrogen. Current scope of capex includes the capacity of hydrogen wine for our products, we are still determining if and how much excess to make for the marketplace and the corresponding economic benefit to Gevo. Now, we know the world wants green hydrogen. Since we are developing the capability to make it, we are working to figure out the best ways to make excess quantities and take it to market. Xebec has this capability already. The only positive I can find on gevo is they have 175 million in cash after paying debt. And the market values that at 1.6 billion while xebec is only valued at 485 million being much closer to profitability and much higher revenues.