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06/26/20 10:14 PM

#116749 RE: greybeard34 #116746

Correct.
Per my Post # 116747, I figure out of 365 days/year, that the manufacturing of fluids would be taking place 200 days/year.
To take account of weekends, holidays, equipment maintenance/downtime/servicing.
So I deducted 45% right there (trying to be realistic).

then my calculations still seem to indicate that the revenues from that production are only 25% of the Potential Revenues that I come up with ($4M = 25% of $16M):

10,000 gallons/day
$8.00 = Estimated Sales Price/gallon

$80,000 = potential daily sales

200 ... Multiply by say 200 days/year, to account for weekends, holidays, equipment maintenance etc

$16,000,000 = potential Annualized sales

$4,000,000 = Mentioned by Gary Grieco in podcast as (minimum) expected Sales in 2020.

In the above calculation, it would appear that the $4 Million only represents say 25% of the potential Annualized sales at Little River.
Which is a much lower figure than I anticipated.