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Re: None

Wednesday, 10/01/2008 9:26:53 PM

Wednesday, October 01, 2008 9:26:53 PM

Post# of 8728
Surfguy
Whats your take, $130 million over 5 years, last nr states

Magnum will receive its first shipment of buffing machines in late October (15th to 20th) therefore the company will be able to immediately start production of rubber (mulch) buffings in order to start fulfilling its 5 year $91 million USD contract with Nation Sales & Supply. As previously stated, this equipment will produce up to 10,000 tons of saleable product at a contracted price of approximately $400 per ton, which equates to additional annualized revenue of about $4,000,000 USD."

This additional annualized revenue of 4 million is that over and above their previuos production targets?

TIA
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