Wednesday, March 9, 2011

GPRE - Corn Oil

Here is the GPRE web site corn oil section - just updated
See Here

SkunK

7 comments:

nobody123789 said...

I can hear the complaints now! "GPRE did not mention GERS by name". It is GERS job to market GERS, not GPRE's. And it is not GPRE's job to make insecure GERS shareholders feel better about their investment by seeing GERS name in lights associated with the GPRE profitability. If you are going to complain about this I suggest that you direct your concern to GERS.

Jim said...

The folks in the ethanol business know full well who the king of the hill is regarding COES. GERS has nothing to worry about regarding name recognition. Every article that an ethanol producer puts out regarding their success with corn oil extraction is good for GreenShift!

Slashnuts said...

GPRE: Looking For More Ethanol Plants

"Todd Becker

Yeah, I mean it’s interesting. On the M&A side, for ethanol, we continue to see opportunities come our way, and we’re really focused on location, technology and price. And so, we will continue to focus on that. Right now, I think what we’re seeing is a more active environment.

Some plants that maybe were independent in the past are understanding what the benefit of scale is, and we provide those benefits to them with the ability to use our cash, stock and debt to purchase these plants. I think it still puts us in a good competitive advantage. These are not easy plants to buy. It takes quite a while to do that, and it may take, you might have to spend a year with a plant just to get it done, but we think with our patience that we have, we’ve been able to scale our business up at a reduced cost relative to other transactions we’ve seen in the market.

We’ve seen plants trade as high as between $1.25 and $1.40 a gallon as of late for good location, good technology production facilities. And we think that our ability to purchase plants below that gives us a competitive advantage, a strategic advantage and a cost advantage. And I think we’ll continually be able to look at that those transactions because of our ability to provide stock, cash and debt. And I think that just tells you that for high-quality assets, there is always a bid from high-quality buyers out there, and that is always plays into our overall valuation thoughts as well."

Slashnuts said...

GPRE: Five Plants Now On-Line

I believe, for logistic reasons, that the plant that came on-line in January is Central City, Nebraska, (120 MGY), so both of the Nebraska plants are now on-line...(Ord, Ne(55MGY) Central City, NE(120MGY), Obion, TN(120MGY), Riga,MI(55MGY), Lakota,IA(120MGY)

"Today, we are deployed at five of our eight plants. The three remaining plants should be completed in the second quarter. And once the Otter Tail acquisition is closed, we will move to install corn oil extraction at that plant very quickly."

(They said in a recent investor presentation that Otter Tail's COES would be on-line in July.)

(What's this? Oil companies looking at corn oil being used in the production of crude oil?)

Some of it trades into biodiesel because at this type of oil discount to soy oil, which is kind of a 10% to 15% discount to soy oil, it makes a biodiesel plant profitable, if you can actually run your plant, as well as it’s also a very good substitute for fats as well on the animal sector. And there are even other people that are looking at using it into potential crude production. So, there’s interesting applications for this, is still being developed, but the market is deep enough to handle our volume and I think we’re very excited."

Anonymous said...

question regarding exact number of outstanding common shares?...how many shares if we assume KK WILL eliminate his 10 billion conversion....

any hepl appreciated

nobody123789 said...

GPRE must like this --
http://www.startribune.com/business/117762723.html

Anonymous said...

Very good question...I am not certain regarding the ultimate outstanding shares either....Any informed ideas....I think somewhere between 3.5 to 10 billion shares once Kevin eliminates his 10 billion conversion..

 
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