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West Coast Snapper

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West Coast Snapper

Re: Gerryuk post# 1509

Wednesday, 05/23/2012 10:30:18 AM

Wednesday, May 23, 2012 10:30:18 AM

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Gerry, your assumptions of a 10% margin on $22M in revenue is way off. When we get to $20M+ in revenue it will be because we got the code approval. Once the code is in place ECO can charge a much higher price for the lumber. You will be looking at 25%+ margins imo. At that point your looking at a breakeven closer to $13M-$15M. At $20M we should be profitable.
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