420 million litres of fuel at 65c a litre is $273m PER ANNUM. IGES share (50% - need to check). The $70m for the units is part of the $300m required for the site, and a 24 month timeframe which you can assume will go to 30 or 36 months.
But those numbers are staggering. And the push to recycle plastics is front and centre so with some good PR this should get thousands of eyes on the project and all the others round the world that IGE is involved in
And yeh - USD$70 million ($100m aussie) for the units is double to market cap, though you have to bear in mind that they are effectively "selling" to themselves in part, but that's still a lot of work for the Company. Hence why they have inserted the wording on "arms length negotiated profit"
$35m market cap is just ludicrous.
A bit of faith required here for early entrants but what an opportunity to get in at ground level
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