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Re: RealDutch post# 108430

Tuesday, 12/27/2016 3:01:53 AM

Tuesday, December 27, 2016 3:01:53 AM

Post# of 163761
It's also interesting that Triway's capex is projected to be the highest in 2017. $116M. Higher than in 2018 ($111) and higher than in 2019 ($94M). (Page 39, 10-Q).

SIAF will receive the bulk of that. Let's make it $100M. Then we can deduce that SIAF's profit from consultancy in 2017 should be close to $30M (or 30%).

That probably has to do with design work, license fees, ground-leveling etc.

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