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bruce said a margin of $20. Correct me if I'm wrong but the...

  1. Arapt
    176 Posts.
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    08/06/22
    23:25
    Post #: 61905620
    bruce said a margin of $20. Correct me if I'm wrong but the margin is the profit between operational cost and revenue. If the volume is is 1 million ton per year. So yeah the yearly profit would be $20M/yr.
    The plants would ramp up to 2MTPA to get it to $40M/yr then with each site coming online $$$
    VRX Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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