Lash, And from what was previously announced that this plant is the first of 10 plants to be setup in the USA with a 50% ownership deal with GEP. With a revenue of US$0.30 per liter, this equates to an IGE annual revenue stream of US$63M from each plant as I calculate it.
The major issue I feel will be their ability to manufacture these 50TPD units whilst building them in Australia. It'll take years at the current rate of manufacture. With the UK plant supposedly under construction planning, it would be interesting to know what will happen to that facility in terms of priority. And with what seems like other plants under planning, they're going to have to restructure their manufacture process IMO.
It will be interesting to also see whether this great news will make it to the press. Didn't they engage a marketing manager in Singapore a year or so ago?
I'm more bullish than tex3, I reckon $1 SP by this time next year.
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