SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crossy who wrote (944)4/22/1998 5:28:00 PM
From: Ga Bard  Read Replies (2) of 1757
 
Well concerning the Bob West field, I call today and they sold their interest to someone else, though it is not in the news release, to finance DF-144 plants. This is also take them out of the oil and gas exporation which now the stock will not be evaluated by the oil price. Also oil companies trade at 2 to 8 earnings where as chemical companies and refining trade from 12 to 24 times earnings. If they have proprietary interest like Arcon they can trade as high as 40 to 50 times earnings and even higher on an international level.

This whole release is informing everyone a few solid things are happening. The most important part is they are going to be focusing on the DF-44 an California, along with other states is the main markets they are going after. California has so many regulations you cannot make ethanol in the state. What Arcon has is high grade ethanol so single biggest gas market is California.

Note on the DF-144 plants they disclosed the plant schedule and the cost of making the DF-144 (ONLY) along with dilution factor to gasoline for the blended octane rating. To sell price is going to about $1.05 and they make .21 on the DF-144. That is cheap and the market will deticate the price.

Note: the Plant Commissioning is defining the operation and production of DF-144 with Osha now complete, this is a schedule. This could either be faster or slower. Alot of variable have to be concerning all of ewhich Arconm is addressing.

Note they are in contract talks with two major corporations Plus they are getting calls from others. Hint Hint enough said.

MIDLP structure is going to be looked at to bring in sophisticated and institutional investors. I take this as a dividend or a forward split. Either way the instutional and higher sophiscated investors will buy into the P.

Plus their website is going to be up and running very soon.

Thanks

GaBard
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext