InvestorsHub Logo
Followers 5219
Posts 24032
Boards Moderated 5
Alias Born 09/20/2000

Re: RIGATONI post# 378358

Thursday, 01/11/2024 9:33:41 AM

Thursday, January 11, 2024 9:33:41 AM

Post# of 381040
RIGATONI, in the NHMD 8-K, with those numbers...

I noticed that too. It looks like they are leading us to do the math within the 8-K filed by NHMD this morning with that amount of up to 8 million barrels a month (which can be increased based on demand):
https://www.otcmarkets.com/filing/html?id=17178543&guid=yjJ-keXhzjIqJth

** 8 million barrels a month (bpm)
** The fuel is sold at the S&P’s Platts Benchmark, which on January 10, 2024, was $110.14 (North American benchmark) per barrel.

So...

8,000,000 (bpm) x $110.14 per barrel = $881,120,000 per month

$881,120,000 per month x 12 months = $10,573,440,000 per year

Heck, that's $10.5 Billion. That's more than the $8 Billion that they had originally mentioned. I think more is needed to be released yet still for details, but if this is true, then this could be something very big for NHMD.

v/r
Sterling

Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.