StockGuru Blog: A Look at the Strategy Behind GeoBio Energy (GBOE)
GeoBio Energy, Inc. recognizes that existing large petroleum companies with access to production, distribution and capital from extensive current profits have the advantage to be the dominant bio-fuels companies of the 21st Century. Their focus, vision, and culture limit how rapid they will expand into bio-fuels. But, they have begun for example BP in 2006 announced a joint venture to establish a large jatropha plantation as a feedstock source for future bio-fuels. The plantation is announced to cost hundreds of millions of dollars. This advantage of having strong stable earnings from oil revenues as an integral part of a vertically…