Tuesday, January 29, 2019 12:49:12 PM
These numbers seem realistic and on the safe side. I had a thought and you all can tell me if I'm off base. Since the 6,000lbs per tank and 312,000lbs per year per facility were based on 50% survival, would the new survival rate eliminate the need for the full equipment outlay to get up and running. Let's say for the sake of this example there is no mortality (and I don't expect that but we don't know the true number as of yet) and we can get the same original projected yield with now just 12 tanks. Wouldn't it make sense to lower the start up cost for a company needing all the cash it can get. Reduce the equipment costs and if they want to add additional tanks once the revenue starts rolling in they can without the need to borrow or do any equity financing.
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