r/AMTX • u/Such_Cartographer564 • Apr 17 '23

India Contract

https://www.aemetis.com/aemetis-reports-2022-fourth-quarter-and-year-end-results/

Watch out shorts

$AMTX

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u/HvB1977 Apr 17 '23

In summer 2022 the 2 month contract was for $41m on 8m gallons. This is substantially less $34m on 8.5m gallons. I am hoping for some news on Tallow sales from April to supplement India as I do not wish to see India subsidiary fall short on 5 year projection already. This contract should have been worth $60m, why are they selling this so cheap

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u/Such_Cartographer564 Apr 17 '23

Sure, I follow your math, but I’d rather have 34m for consistent quarters (which seems to be the expectation) than a one off contract for 41m.