Feb. 5 at 11:39 PM
$GEVO just listened to the call.
1. Loan ready by April. But Gevo may want to extend until 2H of the year to lineup the rest of the equity financing for FID. Doe will do this no problem. ATJ 30 will be fully financed by q4 is my guess. People in the know have this information and hence the
$5 Jan 2027 call is 14,000 OI. Jan 2027 is the right timing on any call option is my guess. Although I always promote no calls - just buy the stock.
2. Eric did say that they will be promoting and demonstrating the ATJ technology while the plant is in construction. Off take announcements, JVs, and all the other announcements that happened 5 years ago that never came to fruition will now be real. They have the loan, 45z is real, carbon credits are real and so is the revenue stack for ATJ SAF plants.
Gevo will begin construction in q4 with more announcements about more plants in 2027.