The market for MIREL is 40-50X the capacity of Clinton 1. Assuming MBLX could produce over time 10% of that capacity AND go on to manufacturing feedstock from switchgrass, we are looking at a technology worth a significant factor of the current share price. Does anyone know who owns the technology? Does AMD own a %?
Here is a link to another article with that info. Your statement that those numbers are not in line with the information provided to investors is a key point. Being a long time follower, you also know there have been times that management has not been exactly straight with us.
Is ANYBODY making ethanol out of switchgrass yet? It's been tooted for 10+ years as the next best thing but never becomes THE thing. I suppose the plastic harvest would make it more economical to grow. Still, if it's not being used now in some way it would seem the payoff is quite a way off.
MBLX owns the patents on the microbes and the process. Telles, the company producing Mirel, is owned 50/50 by MBLX and ADM. Stock value based on revenue/profit is limited to the share that Telles throws off to MBLX, and other MBLX income from it's science, both of which are several years down the road in any significant amount.
So any "pop" in stock value is going to be speculative based on the promise of the future marketability of their science and it's income potential. These "pops" can go down as fast as up. In our "green" conscious market this speculation should generate short term growth until the actual production of goods pays off in revenue.