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Re: wooferwax post# 82744

Friday, 04/09/2010 3:05:39 PM

Friday, April 09, 2010 3:05:39 PM

Post# of 111729
Woof, the cost has gone from $86,000/acre installed to "under $100,000/acre" based on comments from Dennis himself. My guess is most of the additional costs came from the Siemens system, and if so, are well worth it.

Based on the statements that investors are putting down $2 million each for ten acres (think this was in a PR?), it looks like somewhere around $200k an acre at retail. So, we'd be making 50% margin on our installs.

A good margin, but certainly well within range for a commercial-ready company at an industry's infant stages.