RE:RE:RE:Possibilitiesphilb316 wrote: Glass half-empty? As per the Silica Fact Sheet, the net operating cash flow is $10MM on 400M tpa processing, however the plant is now capable of 500M tpa because of the foresight of mgmt during the renovation. So that translates to $12.5MM net cash flow, based on a conservative $25 gross profit / ton. (Industry average for gp/ton is much higher @ $39) $12.5MM/year goes a long way on phase II/III self-financing, and certainly with purchase orders in hand, goes a long way to even bank financing but definitely loan re-payment. There is a great plan in place, next NR should be confirmation of Purchase Orders for the first sales. That's the only missing piece as of today. For good reads / comparisons: 1)https://www.victorynickel.ca/_resources/victory_silica_factsheet.pdf 2) https://finance.yahoo.com/q?s=hclp 3) https://hicrushpartners.com/
That last link for "hicrushpartners" was very informative. Those guy really have their stuff together and its no wonder their stock is worth $39.00