coldry plant push, page-9

Lets assume that Coldry pellets sell for $100/tonne in the first couple of years of production.(This is a conservative estimate given that 6 month ago black coal was selling for $200/tonne.)

TL should earn about $60/tonne. Im assuming the the difference (ie $40/tonne) would include ESI's share and operating expenses.

So, 3m tonnes of Coldry/year x $60 = $180m profit/year.

The plan is to scale up production gradually therefore the yearly profits will increase - obviously.

I estimate that it could take about 6-8 years before the start producing 20m tonnes from ONE plant.

When you break it down like this, $6B is a realistic amount imo.