If that 10-15 kt of sales is locked in, then that's quite good. $30-45million as a baseline is tremendous. If it's 10-15 kt as a projection of total sales, then it's dreadful.
Given that they're producing 25-30 kt I hope it's the former. For what it's worth my model said 23 kt sales next year.
Ann: Morgan Stanley Conference Presentation, page-11
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