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TRCPA

11/08/10 3:14 PM

#31078 RE: TRCPA #31074

Based on the 40,000 metric ton anticipated annual capacity of the QL plant, here's a little back-of-the-napkin figuring on gross annual revenues for that first one.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55294498&txt2find=ql

40,000 MT/yr X $140/MT average price = $5.6 million gross revenues.
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Net-Man

11/09/10 6:02 AM

#31084 RE: TRCPA #31074

TRCPA - Even at the higher per ton cost, pellets from QL are likely price competitive here in the States. I wonder how this would compare to MnVap's pricing?

Net-Man