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Re: Papamoka post# 65165

Thursday, 10/23/2014 10:14:47 PM

Thursday, October 23, 2014 10:14:47 PM

Post# of 76488
Papamoka, I suggest you relook at the capacity of the plant to be built... 13,000 tons/year that ATP-SC LLC and Vega will have to split 60-40. there is no way that can generate 2.75 million revenue per year for Vega alone at that rate. As I've said before, if we are EVER to see the kind of revenue Molen flashed in front of us last spring (10 mil/yr), the capacity of the plant needs to greatly increase. He's been real elusive on that subject, but until he can say for certain that the capacity can be increased because they have the funds to do so, Vega will be making far less in revenue. I'm a long in this stock too, but not happy with the low capacity it looks like we'll have to start out with at the allendale plant. To increase capacity would mean another machine, right, not just adding on to the one they're going to build. How much does a machine cost to meet the demand of a 50,000 ton/yr order of biocoal, like millions of $, right? At the rate Vega will be bringing in revenue, and especially if they split Vega Biofuels and Vega Biochar, it will take a long time unless Molen can secure a bank loan or some other sort of financing.