Wading in:The fact that the Navy paid more than WTI or Brent or the price of gasoline at your local pump is not meaningful and seems to be a scare tactic IMHO.The cost to deliver oil, jet fuel, diesel, etc via military channels to various theaters of war and bases throughout the world is expensive. We're talking $500-$1000 a barrel expensive. The price of the petroleum itself is one of the smallest components of the cost.I'm not suggesting that Solazyme is going to save anyone any money at this stage in the game, but if the US Navy was somehow fleeced into paying higher rates, how come United, Qantas, and Maersk are all willing to do the same? Besides, Solazyme has already indicated they are looking at producing specialty oils that fetch prices many times higher than conventional crude oil. Get thee to a Sephora and check out Algenist. As a loving husband I just don't get the cost of some of these potions and lotions my wife loves, but as a shareholder it has me optimistic.Many lines of business, each with varying rates of ramp-up and development. This is a 2015 story folks. I respect those who might feel that there are better chances elsewhere in the meantime, but for me personally I'll be buying a few shares every quarter for the foreseeable future.TACPS - My only beef is that I've written IR twice and never received a reply either time. That part is pure crap.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Ma