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linc0907

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linc0907

Re: Jamming1 post# 28844

Tuesday, 09/10/2013 9:16:29 PM

Tuesday, September 10, 2013 9:16:29 PM

Post# of 38473
Jamming, the problem with UBRG is that currently they sell natural gas 0.15% to 0.2% above what they pay for it. so, for example they made only $78k last year on $50mil in sales, which didn't cover their $2mil operating costs. So in order for UBRG to break even they need to have sales over $1 billion dollars. in other words they need to increase sales 2000%, not 56%. Realistically, how long will it take for for UBRG to increase sales by 2000%?
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