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StockScout1

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StockScout1

Re: None

Friday, 05/06/2011 8:33:49 AM

Friday, May 06, 2011 8:33:49 AM

Post# of 6560
Regarding this new 8K and sourcing 500,000MT of Canola seed per annum at a minimum to the JV.

Although this is early, that would translate to 1340MT/day production. I believe I read somewhere on this board that would translate to a 60%/40% - meal/oil ratio after processing?

Meal 300,000MT @ 253.19/MT = $76M/year

Oil 200,000MT @ 1223.02/MT= $244.6M/year sold to JV

Based on this much info, it appears this contract on the surface would be worth around $321M/year.

Do my fellow board followers get this same figure?

Based on the gross revenues above that would make this stock worth about $2.89/sh? Not counting all the other agreements, Great Plains, KND, etc...
http://www.canolacouncil.org/canolaprices.aspx
Thoughts, anyone??
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