Of course it does Womple, of course it does.
He was involved in real estate. I think that means he used to clean houses, and the rest was wishful thinking.
Regardless, nobody could truly be that dumb!
SO, you are correct.
If I order $40 million of ore then your only obligation to me is to deliver $40 million of ore at a later date.
... at market prices ( i.e revenue), not at profit margin levels. That idea is ridiculous.
