NaturalShrimp Inc (SHMP)

[rt1127]

Equipment cost alone is $2.5M financed for 10 years from what I see. At least the money goes to F&T as they are they ones providing the equipment.

What are we looking at here, $2M - $2.5M per year in costs? If that's the case breakeven is around $8 per pound. If it's more like $3M per year then $10 per pound. These facilities should be very profitable, it's just the initial capital needed to get up and running that's the hard part. There is definitely going to need to be some help here in terms of licensing and or partnerships. The fact that F&T says they and Shrimp are working on this is promising and tells me that the harvest is still a big success.