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BioAmber Inc. BIOAQ

BioAmber Inc is an industrial biotechnology company producing renewable chemicals. The company's proprietary technology platform combines industrial biotechnology and chemical catalysis to convert bio-based feedstocks into renewable chemicals that are cost-competitive replacements for petroleum-derived chemicals used in a wide variety of everyday products including plastics, resins, paints, food additives and personal care products. BioAmber produces bio-succinic acid at a facility in Sarnia, On


OTCPK:BIOAQ - Post by User

Comment by TREEguy101on Feb 13, 2018 2:23pm
83 Views
Post# 27552364

RE:RE:RE:RE:RE:RE:An honest take

RE:RE:RE:RE:RE:RE:An honest takeH2 2017 revenue is 4.14 + 3.3 = 7.44 million Price of succinic acid during that time $2300 to $2800 a ton. Divide revenue by price per ton to arrive at tons. Multiply by two for full year 7.44 / $2300/ton or 7.44 /$ 2800/ton 6469 tonnes / year or 5314 tonnes/ year. Divide current annual production by name plate (30,000 tonnes) I get 21% utilisation for $2300/ton base case or 17% utilisation for $2800/ton base case. Try the math yourself to see.
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