unit price?, page-5

TheJudge,
The nameplate capacity is 20tpa, that is a possible $20M sale if you believe the $1M price tag. Yet at 55% capacity ($11M ??), they had this $1.5M confirmed sale that brought in $41K for the fy June 05. Why the miserable sale receipt from a CONFIRMED sale? Your guess is as good as mine. So is the lack of production capacity just an excuse for lack of sale contracts or is it real?

CMQ had the capacity to produce $11M of products but only had a $1.5M confirmed sale contract in FY June 05 and had less than $41K sale receipt from the $1.5M South African contract. And to add to the excitement, a $1.4M sale contract was signed just in time to satisfy the Mizuho covenant - where did that sale came from? Yes, you guess it - none other than Inviro Animal Health Solution of the South African fame, a sale that was UNCONDITIONAL and not financed by CMQ. In the last AGM, a full container load was DELIVERED and what sale receipt from Inviro Animal Health Solution was received? Hardly worth mentioning!

So, will you be excited with another HUGH contract from South Africa while these 2 CONFIRMED sale contract has yet to deliver their full sale receipts?
Hard to add up the sums!