An independent analyst has recently awarded All Fuels & Energy Comp (AFSE.PK) with a target price per share of $3.40. This data was calculated using the estimated production numbers of ethanol at their future plant and comparing that to the total number of outstanding shares.
Currently, AFSE.PK has purchased 150 acres of land in Manchester, Iowa to construct a wholly owned ethanol plant. After the construction of this plant is complete, it is expected that the plant will be capable of producing over 100 million gallons of ethanol each year, increasing the companies revenue and cash flow tremendously.
In addition, AFSE.PK is currently in talks to purchase a separate ethanol facility in Wisconsin, known as the Ace Plant. This plant has already become an established producer and distributor of ethanol throughout the last 2.5 years since its opening. In fact, the Ace Plant produced over $100 million in revenues last year.
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