OTCPK:EMMBF - Post by User
Comment by
InvestorJJFFon Jan 31, 2018 2:14pm
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Post# 27472808
RE:RE:RE:New Production Facility
RE:RE:RE:New Production FacilityNot a basher, but I think it is important to share the knowledge. The combination of municipal approvals, specialized construction process and Health Canada facility approval, that’s realistically a development period of 2 years.
EMC's year-end production capacity is targeted at 17,000 KG which is solely based on the completion of the new facility. They are currently running at 2,000 KG capacity.
Like I said, not a basher but seeing how they have not yet submitted a development application, they will not come close to hitting their targeted 2018 numbers.