Another positive day for one of our favorite little companies that can.
Did you guys read this one yet; http://seekingalpha.com/article/2270273 ? Potentially uber news for company and investments!
KLVanLiew
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Hi KLVanliew,
s a result of these new plants, the implication is a significant positive change to the company’s reported revenue. Solazyme reported revenue of $39 million, $44 million, and $40 million for the years 2011, 2012, and 2013 respectively. However, the company’s new manufacturing capacity would allow for an additional $240 million in annual revenue, at an average sales price of $2000/MT. It is ideal for investors to keep in mind that the initial sales out of Clinton have resulted in an average sales price of $2,600/MT.
Nice post and thanks for bringing it here. This sure is looking more and more like a winner-to-be. I think we can assume the company would not increase production capacity by 61 times just to double their revenue.
I guess the mission now (besides waiting) is to find out how long it will take them to get up to some substantial portion of their potential, but whenever that happens, it sure looks like clear sailing from here.
Thanks,
Mykie
PS Algae, my boy, algae. (An updated line from “THE GRADUATE”)
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