RE:RE:RE:RE:RE:QUESTION WHY IS HUGE UP & AUXLY DOWN?No your right but what I’m saying is it’s done on a sale agreement ! ( which hasn’t been established )So they know what their getting for the product and that number is reconciled against the production costs between the joint venture !then the split then Xly pays 10% on the value of the sale !
just a big accounting wash ! Bottom line it’s not as simple as hers a 100 grams we take 50.1 here’s your 49.9 now you is us production costs plus 10%, again it’s all reconciled against the sale!
Min the end using rough numbers on costs I figure around 30-35% of production not 49.9% (approx after costs )will be what they come out of it with and it’s that number that they will pay the 10% on ! If you believe they will get the full 18750 then about 70% of that number will be profitable production ! Then of that number say 13000 ( rough number ) they take profit sounds good until the payback on the 55 million comes into it ! And it is these numbers that make me say the revenue from fv isn’t going to be as big as some are thinking once it all shakes out! So all I’m really saying is be prepared for that eventuality !