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Ann: FLC Signs LOI to increase China Assembly, and Related MOU, page-31

  1. stockrock
    5,691 Posts.
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    27/08/19
    14:49
    Post #: 40175086
    The iTEST agreement was for 66,000 m3 /day (over 3 years), which was estimated at US$45m.

    So today's 40,000 m3 / day by 2021 (over 2.25 years) would be estimated at US$27.3m.

    US$45m / 66,000 * 40,000 = US$27.3m




    FLC Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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