Alok Swain

Verasun's Screw Up

The comments below are wrt "Is This Right"
I'm not sure if the statement is accurate "$.70/gallon to the cost of their plants( $100M lost over 1.4B gallon production). At 10% interest, this is a 7c cost to every gallon of ethanol that they sell until they can repay this debt."
I think $100M/1400Mgallon works to a $0.07 cent loss not $0.70 cent loss per gallon.
But you overall idea is sound.