GREY:XEBEQ - Post by User
Comment by
savyinvestor333on May 13, 2021 7:54am
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Post# 33189935
RE:BGX Biostream is one key item
RE:BGX Biostream is one key item I think they are already sold.Not sure they are for stock if i am reading the statement below correctly. It is a little vague.
As a result of demand, there are 11 Biostream units currently in production for customer deliveries in the coming months. Ciao wrote: These off the shelf units were to displace 80% of custom RNG units that led to last year's debacle with lingering effects into Q1 and Q2 2021 (as previously noted stated by Kurt).
By August they will increase capacity by an additional 2 units per month which represents additional 24 units per month and potential addition rev of approx $36M. I'm sure we'll find out what total annual production capacity will be in today's call.
It was noted that 2 units were delivered in Q1 and 4 more in next 5 months. In addition it appears 11 (more?) units are being built for inventory as these will be stock items. The limitation to 11 units may be resolved in August (reason for Nortec acqusition to free up mfg floor space in Blainville).