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Re: Asbjorn post# 124029

Thursday, 11/16/2017 11:07:49 AM

Thursday, November 16, 2017 11:07:49 AM

Post# of 163761
They are doing an average of close to $1.8M net profit per quarter based on SIAF's 23.89% stake. Q3 came in a bit below, at $1.3M.

So that's $30M annually for TRW as a whole for 2017.

Multiply by 3 if gross margin is 33%. Gives $90M in revenue. Divided by $10/kg gives 9,000MT for 2017.

Q4 could be in line, close to $1.8M but higher than Q3. But that's a guesstimate.

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