RE:RE:Awesome News! Massive potential.stranger5 wrote: How do you figure $80,000,000 . As 200 tons X $40,000 per ton is $8,000,000 per year minus cost $6,880 per ton ($1,336,000 for 200 tons ) = $8,000,000 - $1,336,000 = $6,664,000 profit for that deal .
Or 1,500 tons planned per year X $40,000 per ton value = $60,000,000 - 1,500 tons X $6,880 per ton cost to produce = $10,320,000 expenses = $49,680,000 profit per year if it can all be sold for that price and nothing goes wrong .
Am I missing something ?
Ya, there's a quibble in there. Some of the numbers are USD and the others are CDN. You missed the exchange rate.