RE:figure this outHonestly, I think those numbers are low, here is why:
1. ASP for aggregate will be ~$40/ton, maybe more, as it is an under-served market with bureoning demand
2. Product costs are low: (this is glacial scree - on the surface - put it through an impact breaker and screens, good-to-go). Pass frieght costs on to customers.
3. This is more a $60M revenue business, with $35M in operating profit (conservative estimate).
For me, it underscores the importance of bring the material to market, and pointing at production and selling results - weekly, quarterly.