RE:RE:Look at the numbersBuried what, quote the wrong post Jerry? A couple things from this:
1) Yes they had 11k blasted but at shipping costs would have been 350-400k to move the product to the warehouse. At that time CNZ had not received it's feed licence so it seemed that sales would not come as quickly as they have. Everyone is a genius with 20/20 hindsight, mostly Pbay as he admitted to three to four errors yesterday alone!
2) Pick up the phone and ask the company how much zeolite they plan to sell this year. Ray will tell you a number based on what has been announced to the market only which is over half of the yearly permit size. Stick around and see how wrong you truly are, but if you don't I will be sure to hunt you like you have here to make sure the other boards know what a shyster you are.
3) Of course you don't see the numbers being thrown around because you do zero research as yesterday showed. They earn the highest percentage, 20%, when CNZ does the sales and anyone who talks to Ray knows the amount of calls he is fielding. CNZ will do the majority of sales which means higher commissions.
4) The announced distribution partners didn't ask to be distributors for fun. They have their network of customers and will make progress in 2017.
5) Any sane minded person can take the amount of zeolite that is being imported to Canada for various uses, amount was stated to be 40k tons per year but I don't have an article to back that up, and know by the simple value of the US dollar and cost to ship the product north that we can be HIGHLY competitive and a lot those sales will land in CNZ's lap. With good old Trump talking PRO USA, Canadian companies will react in kind by supporting a Canadian supplier.
I do not post guesses on revenue or stock prices, but anyone paying attention can see how this company is being built. Nothing real happens overnight but the groundwork has been laid out well. What surprises we have in the future, who knows but the management team was in a very good mood at the AGM so I for one feel very good about that. Our team trashers had no one there to get any of the information the company was willing to share and I am betting no one who was there has any intention of posting it here. As is the case in most things in life, those who do the work and make an effort usually reap the rewards.
Have fun posting 30 times again today about a company you have no position in you piece of work and thanks for bringing this article up again Jerry, appreciate the chance to clear up the many false statements made!
Glta