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Re: StockNinja33 post# 116743

Friday, 06/26/2020 10:09:12 PM

Friday, June 26, 2020 10:09:12 PM

Post# of 200739
I agree.
Therefor I feel that the calculations by GoingLong30 in his/her post# 116682 make no sense.

However:

10,000 gallons/day
$8.00 = Estimated Sale Price/gallon

$80,000 = potential daily sales

200 ... Multiply by say 200 days/year, to account for weekends, holidays, equipment maintenance etc

$16,000,000 = potential Annualized sales

$4,000,000 = Mentioned by Gary Grieco in podcast as (minimum) expected Sales in 2020.

In the above calculation, it would appear that the $4 Million only represents say 25% of the potential Annualized sales at Little River.
Which is a much lower figure than I anticipated.