hardman - it may be worth your while reading through Colltech's announcement of 29/03/2007 Chairman's Presentation at City Group Micro Cap Conference. Page 7 details plants current capacity as 10,000kg/mth and graph also indicated that they expected to be running at 20% by now, but we all know they haven't sold a thimble full as yet. So as you can see capacity isn't an issue.
My understanding is that cosmetic grade collagen is $1000s/kg and medical grade is worth $10,000s/kg. If Colltech had only achieve sales requiring only half the expected output as per page 7 then the sp would be well above the ipo price, revenue would be greater than expenditure, we wouldn't have had major dilution and we would have a cash cow in the making.
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