28 Jan '15, 6pm

Gevo: Isobutanol Lottery Ticket

The last time renewable chemicals developer Gevo (GEVO : Nasdaq) was featured in this forum in August 2014, the stock was looking quite oversold around $0.50 per share. The stock had recently taken a tumble after management sold 30 million shares of the company’s common stock at $0.60 a share at the end of July 2014. The plan was to use the $19 million in new capital to upgrade a production plant in Minnesota to better produce renewable isobutanol along with ethanol fuel. Isobutanol is a popular solvent used widely in industrial applications. It is most commonly produced from by-products of refined crude oil and users are keen to get their hands on renewable sources to reduce their carbon footprints. At the time Gevo out raising capital the company was aiming to get to a goal of one million gallons in annual isobutanol production by the end of 2014, and then ramping to thr...

Full article: http://www.altenergystocks.com/archives/2015/01/gevo_isob...

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