Sino Agro Food Inc (fka SIAF)

[treit2002]

it will probably be much more the 42M you initially assumed to make it worth the effort and expenses of quadrupling it.

Well, I surely hope you are right. I do not assume $42M. Actually, I'd be pretty happy with that. I was projecting, even though I think we don't have enough information. But I thought I should because I think you guys are getting carried away with assumptions about tank sizes and expansion plans and number of tanks and 100% hi value flies, and selling grown prawns, and what the 2.8B referred to in the first place.

We can agree that 2.8B Mexican White produces $7M revenues. If they produce 50% green prawn flies, that triples the average sale price to $75 per 10,000, $7,500 per million, so $21M.

If they do indeed quadruple the capacities, that's $84M in 2015. For me, that's absolute, absolute maximum, but makes assumptions I don't think are true. Just like all the FF and PF, we'll learn more as we go along.

It's a hell of a long way from the current sell rate of 50M/Month, or $375,000 per quarter.