50% ownership, so at least $20m USD in additional revenue for CG1, not including better margins on existing plant (which was listed previously as 16,000 ton, although appears to be listed at 11,000 ton in the latest release) and the ability to scale to 20,000 ton from Kentucky.Say 11,000 current capacity at USD 4,000 per ton = USD 44,000,000plus the 50% of Kentucky USD 20,000,000Total sale at full production for CG1 would be USD 64,000,000 with the expected gross margin of 28% per latest release.Estimated gross profit would be approx. USD 18m gross profit.
CG1 Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
