Robert Wagner
Research analyst, CFA, portfolio strategy, gold

KiOR Is Making Production Gains, But Costs, Cash Burn And Dilution A Worry

Almost 30 years ago I was a student taking organic chemistry. It was at the tail end of the 1970s and early 80s energy crisis, and all the focus was on alternative energy...and the coming ice age of course. What I learned in organic chemistry is that countless things are made out of carbon, and the only difference was the arrangement of the carbon atoms. Paper, plastic, vegetables, food, asphalt, gas, oil, plants, animals and countless other items are made out of carbon chains. Organic chemistry is the science of disassembling and reassembling these carbon chains. We learned that you can literally manufacture gasoline in a test tube. Gas production happens naturally in land fills, bogs and the digestive...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details