Apologies for digging up a super old thread but I'm looking at...

Apologies for digging up a super old thread but I'm looking at investing in IGE and this announcement contains something odd that I'm hoping that the smart cookies here can explain.

On the last page it says "With the current negotiations underway that are underpinned by China's "yang laji" policy this will transition the cost of $50 per tonne into a revenue stream of between $20-50 per tonne of plastics processed. This will conservatively add an EBITDA contribution of between $660,000 (at $20 per tonne)... on the 100 TPD facility being constructed in Amsterdam."

For the sake of this discussion, let's assume that feedstock is supplied with revenue of $20 per tonne.

Effectively the input costs shift from $50 per tonne to revenue of $20 per tonne, a delta of $70 per tonne.

On page 1 they say that a 200 TPD facility will process up to 66,000 tonnes per annum. Let's assume then that a 100TPD facility processes up to 33,000 tonnes per annum.

Thus 33,000 x $70 per tonne should be a delta of $2.3m.

My question is how did they only get an EBITDA contribution of $660,000?