100 Mesh only contract means $9-12 ton- see below my last noDONT BE FOOLED. SNS is loosing alot of money. The company is making 3 products and selling one- see the math below
In terms of NWS pricing it has not gotten better it’s at $10-20 a ton FOB. Now here is an interesting math and a truth company is not disclosing; as per the company’s prints it produces: 40% of 4070Mesh, 60% of 100Mesh; It the company sells any ONE of these products and not the others, the company is paying the customer, financing the customer who is buying: here is the math
I will use both $15 and $20 dollar pricing:
4070 Mesh: 0.4*$15=$6/ton + 0.6*0= $6/ton
4070 Mesh: 0.4*$20=$8/ton + 0.6*0= $8/ton
100 Mesh: 0.6*$15=$9/ton + 0.4*0= $9/ton
100 Mesh: 0.6*$20=$12/ton + 0.4*0= $12/ton
Read more at https://stockhouse.com/companies/bullboard?symbol=v.sns&postid=30339843#4lsqIUItzcfIbb1H.99