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grunt23

01/09/23 10:48 AM

#88565 RE: chico237 #88564

Good Morning Chico:

First of all Thanks for all of your work related to our company.

We have performed alot of work, in trying to arrive to the numbers you have refered to.

We have always discussed the additional "profits" we would achieve with the 3 REE oxides. Those numbers are between 120 - 150 million of extra profi. Dependoinf of course on the price of the oxides at the time of sale.
I want to make sure make the difference between revenus and profits.
Many of the current enterprises looking to produce REE's will be able to obtain pretty good revenues, however the cost to produce them will eat out most those revenues, leaving very little profit. That is what our advantage will be, once the company is able to discuss the subject.
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The key difference between Revenue and Profit is that Revenue refers to the income generated by any business entity by selling their goods or by providing their services in an accounting period during the normal course of its operations whereas Profit refers to the amount realized by the company after deducting the expenses from the total amount of revenue.
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Have a great day!