News Focus
News Focus
Followers 54
Posts 4236
Boards Moderated 1
Alias Born 10/23/2006

Re: Fishforbreakfast post# 206735

Wednesday, 12/06/2006 6:16:35 PM

Wednesday, December 06, 2006 6:16:35 PM

Post# of 311080
FFB - I think it goes beyind highly unlikely to essentially impossible.

Since I do engineering stuff, I am pretty good with numbers.

So, if you do a little checking, for example, one Company in Houston (of several that are there) has a Cement terminal. It has a capacity of 3 million tonnes per year.

If you check into the capacity of a Cement transport ship, you find numbers like 36,000 tonnes per trip.

So, a 100 million tonne allotment would require 30 years of the full capacity of that one terminal, or about 3,000 transport ship loads.

I would certainly like to hear more details of the cement deal that Sulja has on its hands. It certainly has the potential for being either a very lucrative long-term arrangement, or a possible slipped decimal point somewhere in their calculations.




Public Disclosure: If it sounds too good to be true, I probably have it in my portfolio.
(Don't make any financial decisions based on my posts. You've been warned)

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y