RiceBran Technologies (RIBT): ??? 4Q with the Mill.... They are exp...

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Thursday, 03/14/2019 4:20:12 PM

Thursday, March 14, 2019 4:20:12 PM

??? 4Q with the Mill....

They are expecting the mill to bring in an additional $20M/year.
They are expecting roughly $16M from current operations.
RIBT took over the mill end of November.
If 4Q was $4M revs from current operations then add that to the mill revs in December of $1.66M($20M/12) for a total 4Q revs of $5.66M.
They lost $1.6M on revs of $3.5M in Q3. In a previous CC, rystrom said costs would be about the same.
If so, 4Q could be break even +/- a bit.

I think SEC regulations provide till March 31st to report.

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