Monday, September 14, 2020
Gevo, Inc. (GEVO)
Virtual Roadshow Should Highlight Improved Visibility
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.
Join today’s virtual roadshow with Gevo, Inc. (GEVO) @ 3:30PM EST. You can register for free at register.gotowebinar.com to hear from Pat Gruber, CEO. The interview should reinforce the recent business update that indicated that recent capital raises have reduced uncertainty and progress continues in moving forward on designing and financing the renewable fuel projects.
Current cash of ~$81 million creates near-term funding visibility. Recent capital raises of $46 million from an equity offering and $16 million from warrant exercises have enhanced funding visibility. The added cash boost creates more visibility in funding the critical design and engineering work, including permitting, necessary to fully develop the initial three production plants to project …
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.