Post by
markeg on Jan 19, 2021 10:32am
Plan execution
I have been doing DD on this one for the last month and a half and watching the stock price. It seems like this could potentially be a big thing, but i am concerned with debt and issuance of stocks to cover debt.
IF these guys can execute thier plan of building a number of facilities, i think we have something that will allow us to particpate in yacht week. But I just can't see how they move forward on buidling more plants.
Can anyone enlighten me?
Comment by
habsguy on Jan 19, 2021 9:37pm
YES...don't buy. Let the rest of us reap the denifits......
Comment by
eljoro on Jan 20, 2021 7:37am
You have done very poor DD, then...a 5 minute read of their investor presentation will show that the JV partner Renewable U is responsible (and has bank financing in place) for the upfront cost of building 5 of the 6 announced additional refineries.
Comment by
markeg on Jan 20, 2021 10:00am
Fair enough. The new presentation wasn't there in late decemeber, should have checked the website again. Thank you for taking the time to respond, i appreciate it. Before i ask a couple other questions i have i will do some more reading.
Comment by
TeamEddie on Jan 23, 2021 3:14pm
took 1 min to see the MOUs if realized would cover the finances
Comment by
IntoTheSoup on Jan 25, 2021 12:23pm
Some pretty aggressive responses - he just had a simple misinterpretation of a fairly complex financial arrangement. You are doing great work encouraging newcomers to discover the company with such well tempered sharing of your deep fundamental knowledge of the business - keep it up!