Post by
lscfa on Apr 06, 2024 12:11pm
davis recycling
Just what the hell does Davis contribute for its 45% share of plant profits? The plant pays to buy the used converters. Does that cost include Davis' expenses in collecting the converters from scrap yards across the east coast? Does the plant also pay for the grinding costs done at the Davis facility? If the plant pays for all these costs then Davis got 45% of profits for nothing and should kick in $2M-$3M in cash for plant working capital.
Comment by
Chrysteria on Apr 06, 2024 12:13pm
Was just thinking the exact same thing,,,,,,