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by dnautics 4563 days ago
not optimistic (know the company personally). Communicated to the founder that he should pivot to specialty lubricants (for example low temperature lubricants that are used in satellites), wasn't interested.
1 comments
taylan 4563 days ago
Do you mind expanding on it a bit? Is it the volatility of oil prices or lower margins in aviation fuel compared to specialty lubricants?
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dnautics 4563 days ago
lower margins sums it up, the entire premise of the company depends either on subsidies or being bought out by the chinese.

throwaway_yyD1 above has a better analysis.

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