AAE agri energy limited

no opus prime exposure, page-4

  1. 2,677 Posts.
    dudes, as an ex shareholder, one of the things that made me get in in the first place was the fact that AAE had indicated that they had 'hedged' the supply of the soy oil with one of the largest farmer co-ops in the region. The 'hedge' meant that the price of the soy was tied to the price of the diesel price so that AAE would always make a gross profit, and that was before the $1 subsidy per gallon was included, which was also to be split with the co-op. It was on this basis that the plant would be profitable

    It seems that this arrangement was either factious or not operational or become redundant, but never advised.

    This was contained in the updates if any one is interested and could be a question asked.

    Have done the research I thought, like many of you that AAE would be one that would be succesful having the most advanced and proven plant etc etc having done all the things right - on paper at least.

    It seems that either management just made assertions that werent true.



 
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