RE:Looking for a long to answer hereGMP forecasts the co. does only 195,000 kg in 2020 for revenues of $181 million. Co. must be anticipating export contracts once EU GMP certification is received.
catchascatchcan wrote: They have capacity for 450,000KG but are at a run rate of 8,500KG in this past quarter and on pace for double that next quarter it would appear. Say 17,000KGx4, is 68,000KG which is amazing, but a far cry from 450. Do any longs know their contracted annual capacity to LPs? When do they anticipate hitting the 450,000KG capacity, or have they not said. Being that they want to expand to 1M KG it's apparent they see it ramping in short order. 450,000KG would be $450M and 1M would be 1 billion, which are massive numbers relative to today. Just looking for some honest expectation management from some seasnoned VGW investors. Many thanks and GLTA