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PhillipD

09/09/13 11:53 PM

#10278 RE: NiteShift #10277

No problem. My numbers vary from Jim's a little in the fact that he's quoting $150 million gross profit and $100 million net profit for Phase I. I'm coming up with $85 net, but I'm in the ballpark. The Company has also implied fiber procurement possibly may be done directy from the source without going through a third party. I believe the MD&A quotes BMSPF as having a Forester on staff which I wouldn't think would be needed if they were buying from a timber company. The Forester could just be a matter of assuring that fiber sources are sustainable according to EU standards. My guess is that one of the new Board members is going to be the Forester for the company since if its the same Robert Matthew's in this profile, he's got quite a resume.


Phillip

PhillipD

09/10/13 10:30 PM

#10280 RE: NiteShift #10277

BTW, you didn't mention what the information was that you have. Anything you wanna share? :)

Phillip