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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income taxes. The Fund invests at least 80% of its Managed Assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund’s investment policies provide that the Fund invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Chemguyon Mar 09, 2018 4:24pm
54 Views
Post# 27694408

RE:cost per gram?

RE:cost per gram?110% sure it will decrease. It's called higher scale of economics with the full 1.3M sq ft running in Dec 2018. It was 0.89$ last q, I predict 0.8$ or lower this q report on mar15 (taking a 22% off 0.89$, since cost are decreasing linearly if you plots the price per gram of past   2 q reports). The current 0.89$ cost per g is only for the current 50k square foot facility. The 250,000 sq ft harvest will be complete by June 2018 and those numbers will be shown by Dec 2018. 
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