Migao Corp MIGGF

RE: 100,000 compound facility

[Bullseye97]

Beancounter, you're right about it being lonely. Today's release may change that. It was full of good stuff. Confirming that everything is runing at full capacity is reassuring. If I'm reading it correctly, they also seem to be saying that the current compound plant is actually 100k/year capacity and not 25k/quarter as per the last MD&A. The joint venture is up and running. Put it all together and the December quarter should absolutely blow away the current $.17 estimate. Take September quarter, add 40-50k of compound, 20-25k of additional cheap sulphate and 5k of nitrate from SQM and they're pushing 200,000 tonnes for December quarter. If prices are stable or up, we could also see a bump in the PE multiple to reflect all the activity. Strap in!!!!!