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Re: mikevel post# 231300

Saturday, 06/22/2013 1:53:17 PM

Saturday, June 22, 2013 1:53:17 PM

Post# of 312102
mikevel

My view is based on what the company itself has stated in its quarterly report. The costs I refer to are not fixed but related to the volume of waste plastic handled. In due course these costs may gradually come down but it is extremely naive indeed to think that the gross profit margin will go from next to nil to almost 100 % in a few months.
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