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Ann: CDOT Central 70 Project Update, page-21

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27/05/21

11:33

Post #: 53453422
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Originally posted by fyffee: ↑

the only thing disappointing in this announcement is the small proportion of EC that's used in the mix. I thought we were targeting around 2 to 4 gals/cu yd in most construction projects. This application in shotcreting is only using 0.25 gals/cu yd. So even if the maximum volume of concrete of 10,000 cu yds are applied in this project, then the maximum amount of EC required is only about 2,500 gals. If it's supplied at say $20/gal then that's only $50k worth of product. This is a pretty long announcement to dress up only $50k of sales. We need a lot more product to be sold than this to bring us up to a positive cash flow. The upside is that EC is very effective in this application, so future sales should build just on this alone.

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but if they are getting a greener and superior product then perhaps they are selling at a premium to the $20/ gal

EDE Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
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