OTCPK:PILBF - Post by User
Comment by
FrozenInOntarioon Oct 23, 2014 1:03pm
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Post# 23054928
RE:RE:to frozen in Ontario
RE:RE:to frozen in Ontario
Not frozen yet here in the Niagara, but it will come. Much warmer than North Bay but compared to a few countries where I have been working, Niagara is cold....
Totally agree with you that increase in volume gets the average unit cost down as a big part of their quarry cost are fixed in nature.
However, was curious if you knew what was the last peak price, not for PLS that was late to the party in 2007 but for Cali ? Kind of like 2004 -2005 when it was booming ? The more a market is down in a cyclical business, the most it can rebound... And it has been 10 years... Kinda of looking at the pie in the sky type of the scenario. $ 25 per ton doable if all stars aligned ? Was it attained in the past ? Then PLS yields 70 - 80 millions per year in cash flow and we have a huge winner... $ 30 - 40 ???
Regards,