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Tractor Talk Discussion Forum

Investing in Bio-diesel plant

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Rimshot

01-18-2006 15:26:06




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Went to a prospective meeting last night for a Bio Diesel plant here in Iowa. $25,000 gets you in. Guess lots of people jumping on. Said they would see a profit of nearly 20% in a couple of years--{conservative figure}. 10% of that would be to pay back the bank. So that leaves 10% for the investors. That's alot more than you can get from a CD. But alot more risk. There were a couple of bankers there that would lend you money at 7 1/4%. That only leaves 2 3/4% profit. So that doesn't sound very smart. There are some tax credits too---but not that much. I think it's gonna be something that is going to expand and has tremendous potential since it's an alternative fuel--which we need. I guess if a person has $25,000 laying around then it might be a good investment. What do you guys think??--I value your opinions.

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you

03-21-2006 17:00:15




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 Re: OT- Farm Well in reply to led, 03-21-2006 13:49:19  
Hello, one in drilled well is having the casing rust through or crack. another is a check valve not holding and the water surges back. another is barometric pressure can cause the water column to go up and down and stir things up .hope this helps some



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Jim in N M

03-21-2006 16:49:05




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 Re: Clarification in reply to Kim, 03-21-2006 16:41:33  
Sorry Kim, I guess I got caught up in this,as other folks did !!! Thanks for the fine job you do for all of us here. Jim in N M



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Jonfarmer

03-20-2006 13:00:13




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 Re: O/T Strange auction-what would you guys have d in reply to Jonfarmer, 03-20-2006 07:26:24  
I guess I misread alittle. They didn't get the car, but they all clapped when it no saled. Apparently, they were getting great glee out of ruining the auction for the widow. They probably figgure she will keep it, so they will eventually get it for free, or they had offered a rediculously low offer for it and they think she will probably go for it since it didn't sell at the auction.



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Tom S. in Tn.

03-20-2006 12:58:19




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 Massey parts in reply to Jonfarmer, 03-20-2006 07:26:24  



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dhermesc

03-20-2006 11:01:41




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 Re: O/T Strange auction-what would you guys have d in reply to bradk, 03-20-2006 06:44:26  
On my world (earth) the widow get the man's possessions when he dies, when she dies the kids get the property as she designates (don't p*** off mama). If these people want charity they should go sign up for welfare.

If this was being held on private property or a rented hall of some kind the auctioneer or sheriff should run the bums off as trespassers.

Fixing bids to steal money from a widow - they should burn in **** for that.

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John (C-IL)

03-20-2006 10:47:03




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 Re: O/T - Custom Spraying in reply to farmallman, 03-20-2006 10:30:07  
What synergistic means is: The sum is more than the parts. 2+3=6. When you have a group of guys working together doing the same or similar jobs they feed off of each other and get more done than each of them would get done individually.

In the states, coops are notorious for living off of their depreciation and holding on to older equipment well past it's useful life.

I gave my son a piece of advice when he graduated from college. "Get as far from production and retail agriculture as you can get!" He is now and engineer for Caterpillar and has far exceeded anything he could have done in agriculture.

Another quote. My grandfather said if he had wanted his son to turn out poorly he would have bought him a truck and set him out on the road.

Well, there you have my words of wisdom.

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RustyFarmall

03-20-2006 09:13:08




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 Re: Farmall board is gone in reply to Allan In NE, 03-20-2006 09:08:45  
Don't know, tried to reply to several posts on the Farmall board, and when I click on submit, I get this really great picture of a white cow eating salt in a snowstorm.



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Allan In NE

03-20-2006 09:11:45




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 Re: Farmall board is gone in reply to RustyFarmall, 03-20-2006 09:06:54  
Yeah,

I put up a reply to you and the darned thing jumped ship on me. :>)

'Spose the management is still working on the machinery?

Allan



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john in la

03-20-2006 16:16:18




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 Re: Still Snowing in reply to Nebraska Cowman, 03-20-2006 15:51:04  
Isn’t that always the way it goes.
Get a bunch of calves on the ground and it starts snowing. Do think that is better than a cold rain though.

It is officially spring here and this is the proof.
third party image
Grandpaw always said you can plant your tomatoes with out fear of a frost killing them once the pecan tree buds.

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Allan In NE

03-20-2006 09:08:45




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 Re: Farmall board is gone in reply to RustyFarmall, 03-20-2006 09:06:54  
Yeah,

I put up a reply to you and the darned thing jumped ship on me. :>)

'Spose the management is still working on the machinery?

Allan



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