CFO 0.00% 0.2¢ cfoam limited

Financials, page-27

  1. 119 Posts.
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    Costs are a lot lower than people realise. I'm sure they will update the market when the time is right but the company is profitable now, even with production only just ramping up. The article below will help.

    http://www.rcbi.org/index.php/viewa...-uses-for-coal-offer-a-world-of-possibilities

    To summarise:
    One ton of coal produces ~52 cubic feet of CFOAM. So at 30,000 capacity, the company requires ~580t of coal. Coal prices in the US are ~US$50/t (http://www.eia.gov/coal/markets/).

    I'll leave the maths to everyone else but 580t of coal costs next to nothing. Throw in natural gas (cheap), liquid nitrogen (cheap) and electricity and you have a product that is very very high margin.

    When management get a chance to update investors, I suspect CFO is going to look ridiculously cheap when compared to AJX, EDE, A3D, EMC et al.
 
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