Sino Agro Food Inc (fka SIAF)

[RealDutch]

Another interesting aspect is that current capacity is 40MT/tank. They are projecting 50MT for Phase 1 and 60MT later on.

Also, I think the development cost is much higher than my estimate of $5M per 1,000MT. Which is good for us because we get a lot more revenue from consultancy than anticipated (after the first few years).

All in all we can conclude that this project is even "bigger" as well as bigger in size than we initially thought.

Year 3 profit is going to be big. And it will get bigger after that.

And TF, don't underestimate the market's ability to account for long term growth.