Excellent post IMO. If you get a dollar figure per order you can track the future payments as BP orders more BOOMS. The proof will really come 30 days later when BP pays the bill. If a pr states the payment amount then you can do the math and get a really good feel on what BP will be paying per order. Good work IMO.
JCDC...your estimates are quite good. BP will desperately need regular orders from MOP and their current order is significant in terms of revenue.
Also, MOP has been anticipating the need to supply boom to BP's order for a few weeks. No doubt MOP is ready for the challenge.
This if from Thursday, May 6, 2010 PR:
During the past week the Company has been working diligently to respond to three separate “bid-requests” for large orders of booms for the Gulf Coast. The Company feels very strongly that MOP sorbent is the ultimate solution for protecting the most fragile ecosystems and fisheries along the coastline. Unlike competitors, MOP sorbents are the only oil spill remediation products on the planet that are green from “cradle-to-cradle” being manufactured with green hydro-electric power, and all natural materials that are 100% Biodegradable and 100% Recycled.
and
Diamond emphasized, “The dwindling supplies of polypropylene, commonly believed to be the only oil sorbent available for the oil spill in the Gulf, have resulted in its scarcity and its quadrupling in cost. However, our virtually unknown MOP sorbent has always had both a cost and a performance advantage over polypropylene. This presently places our patented MOP sorbent at a tremendous advantage over polypropylene, and with recognition of the superior qualities of MOP, it could soon be the #1 sorbent of choice over all other sorbents in the market.”