A lot of bears were talking about how much financial problems Blue Sphere had..
If they did have any financial problems before, I think this is the year they're going to have everything straight..
If you look on their last report you can see they got a grant for $182,986,964 from RVO. Blue Sphere I believe literally just started getting paid this grant in Dec 2020 since the agreement was that they would be getting paid from the date the Sterksel facility BEGAN production.
On top of that, Blue Sphere has an agreement with GasTerra to sell them energy from this plant for an approximately $65,879,000 for a period of 12 months which also just began.
The Sterksel project cost them $26,695,500 to build.
If you do the math $182,986,964 + $65,879,000 - $26,695.500 / 12 = 18,514,205 yr
This is just from the RVO grant & GasTerra.
There are other ways Blue Sphere is/will be making $; more govt grants, compost, (REC's) renewable energy credits, green certificates to PitPoint Clean Fuels, & all the other smaller plants Blue Sphere has like RI, NC, Italy, BTC De Peel..
I honestly think this is the yr Blue Sphere begins gaining momentum & I think March 2021 is the best month for Shlomi to come out the dark since Sterksel, NL will be up & running 100%..
https://backend.otcmarkets.com/.../financi.../225135/content
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