Forterra Environmental Corp FEVCF

RE: email re: production from Forterra

[staolin]

That is a very informative e-mail! I should post numbers based on assumptions derived from their NRs more often, especially if clear information like this passed on to correct misconceptions. I hope you all don't think I was just bashing. I hope there is room for at least some real discussion here without limiting the posts to unsubstantial cheering or deriding FTE.

The numbers I used were based off information available. I can't be faulted for being wrong when I used the best available numbers. That being said, we have some more to work with at this point!

I'll regurgitate some important numbers that if not reason for great excitement are at least interesting and possibly useful.

Firstly, the conversion is 2.2 lbs for 1 kg.

There are 1700 trays.
Trays are stacked in 8 high.
Tray footprint on floor is (educated guessing here!!) about 215 trays, or 6880 ft sq.
Each tray produces 250 lbs/month (114 kg/month) of castings.
Each stack of 8 trays produces ~ 900 kg/month.
Total current monthly production stands at about 200 tons/month.
Total projected production at 2400 trays is about 275 tons/month.
Yearly that amounts to 7.2 million lbs/year or 3.3 million kg/year (3,300 tons), not including the pagonis castings.

To be conservative let's say they max out their trays at 2000 instead of 2400, that there are some hiccups through the year, and that their trays, over the year, produce at 90% of their 250lb/month capacity.
That gives them, let's say, 6 million lbs/year production.

Presuming they can sell it all at .5$/lb gives them 3 mil$/year from one plant if they can sell it all! Looking more forward, efficiency will increase, automation will increase and overhead cost per lb will hopefully decrease.

Thanks for posting the e-mail hj.

Now what other questions do we (or maybe just me if no one else is into crunching numbers or asking questions....) have that we would like answers to? :)

I appreciate Mr.Wertheim's answers and thank him for the reality checks and information. I wish he would get the guys at the plant to put up some photos or something at some point (hoping he reads this!).