Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Goodbody Health Ltd GDBYF

Goodbody Health Ltd is a wellness company operating in both COVID testing in the United Kingdom and as a vertically integrated cannabinoid CBD company that operates in the United Kingdom and the European Union. It has interests in COVID testing clinics, CBD extraction, wholesale bulk isolate, and distillate sales, retail CBD and white label sales, cannabinoid laboratory testing, and medicinal cannabis research programs.


GREY:GDBYF - Post by User

Comment by drmaddogs2on Jan 04, 2020 10:25am
55 Views
Post# 30517935

RE:Q1 on sedar

RE:Q1 on sedar
Yes, now that the Licensed plant in Poland, 'Nexus' is essentially finished and production has started, burn rates have dropped.... consulting fees should drop next quarter as the 20 personnel that are on 12 hour shifts for 60 hour work weeks have been trained in all the different parts of the distillation plant technologies. Perhaps the 'burn' will drop to 1 million$ or less per month and where the production of 40 kilos per day.. @ 2000$ gross per kilo and net stated cost per kilo is 780$ leaves 1.4 million profit net monthly 15+ million yearly... that production can double with two 12 hour shifts.... this will give more than the original cost of financing back. The "Origin" plant in Romania is still awaiting licensing and the yet to be built "Horizon" plant that is already financed and land is bought could reduce cost per kilo to 380$ per... allowing a significant price reduction possible for wholesaling CBD kilos. The 2000$ gross I used was for existing base customer Dragonfly agreement... which is less than the average Kilo price world wide for steady supply.
<< Previous
Bullboard Posts
Next >>