RE:RE:RE:FlorenceThere are others on here hoping to sell Flo for 1B$.....DREAMWORLD!
Even 25% of Flo gives approx 20M lbs/yr at 3.50 cu that is $70M$/yr to the jv partner....1.5yr payback, that sounds like a pretty good deal!
I would hope we are looking for something better than that!
Notice in the latest presentations and interviews they are always including 100% of Flo production in combined numbers with Gib...claiming 185lbs production at reduced company cost per lb. We will likely end up with maybe 65 M lbs from Flo after jv. BB was talking 20 - 30% jv in his last interview....