BioExx Specialty Proteins Ltd. (BXI.TO)

BUY
Extraction of proteins from canola. Revenues aren't quite there yet and technology is not really proven on a mass scale yet so you have to be a little bit careful. Have to wait about 1 year for the revenues to get some traction. Speculative.
RISKY
Crushes canola to extract oil and then has to extract protein. The big margins occur when they extract isolets. Expecting to have equipment in place and producing commercial volumes in Q1 of 2010. If successful $2 per share would be a good price because of the lower risk. The real key is between Jan/10 and March/10. Reasonable speculation for a toe in the water.
BUY
Getting plants up for traction of proteins from canola oil and have their first one up and running and announced the 2nd one in North Dakota. If they get 2 or 3 plants up and running in the next couple of years, you could see a $2.50 or $3 stock.
COMMENT
Protein extraction through canola seeds. Have been successful in getting their Saskatchewan plant going and are now doing the same thing in North Dakota. Likes the industry and the space. (See Top Picks.)
BUY
Canola oil. Must go through 3 phases of production between now and the end of the year. Now in the 1st phase. Should be a 50% ROE in the 2nd phase. In the 3rd phase they should be able to pull out protein and should give 100% ROE. Their advantage is a low temperatures solvent giving them lower operating costs and better protein. Very speculative.
COMMENT
Patented low-temperature extraction technology to get protein out of canola. Getting protein out of vegetables is attractive as it brings costs down. Just put a plant on stream, which will be generating cash flow. Talk of a 2nd plant.
DON'T BUY
Announced all their canola oil is going to be accounted from their new Saskatchewan plant. Has just been listed for 2 years. He does not buy anything on the Venture or hasn't been listed or 10 years. Too much of a crapshoot.
Showing 31 to 37 of 37 entries