Replies to post #69045 on Industry Source Consulting Inc (INSO)

[Trollin 4 Trout]

im assuming they are making around $100 a ton. first order is 3,000 tons. that will be $300k in profit

[red lexus]

8hobbes9...I don't know the breakdown of profit between Vega and Vencor, but MM told me Vega will make more money selling bio-coal supplied by Vencor than by producing their own in a JV in Allendale. The reason, again, is the drastically lower cost of the Torretherm machine compared to Joe James NC State machine. An interesting note from Vencor's news release today..."Vega already has SEVERAL bio-coal supply deals IN HAND that they have been unable to supply. We look forward to filling those ORDERS as quickly as possible". Caps added by me. Apparently Molen has more than that 50k ton order in hand. This according to James Gaspard at Vencor in that news release today.

GLTA

RL

[mansion23]

Last time I looked Vencor was charging $230 a ton and a Vega was charging $170. That puts us at $60 a ton profit/earnings.