Movers and SHAKERS
Gevo, Inc. (GEVO)
Fire Side Chat Complements NobleCon 17 Presentation
Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment and the Gevo Development/Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel, its Retrofit process and the next generation of chemicals and biofuels that will be based on its isobutanol technology. Gevo Development/Agri-Energy is the key revenue generating segment which involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Water Tower Research (WTR) held a fire side chat yesterday that complemented Gevo's presentation at our NobleCon 17 and highlighted the significant milestones achieved over the past quarter and discussed potential milestones. The rebroadcast is available on Channelchek: https://www.channelchek.com/news-channel/NobleCon17_Rebroadcast.
Significant capital raises might fund all of equity in Net-Zero 1 and majority of equity in Net-Zero 2. As our research note stated yesterday, pro forma cash increased into the ~$534 million range. On the WTR fire side chat, CEO Gruber confirmed that the capital raises secure the majority of the equity funding for the first two Net-Zero plants. Using a debt/equity mix of 70/30, we estimate that ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.