GREY:GDBYF - Post by User
Comment by
drmaddogs2on Jan 04, 2020 10:25am
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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.