Post by
Ballsofire on Aug 03, 2022 12:54pm
Profit?
It seems we should have a financial statement by now showing the expense to recycle the precious metals?
Comment by
Therancher on Aug 03, 2022 10:12pm
It's a .............Pilot Plant......................in " Research and (yes) Development " mode . ............. which generated $75,000 ish in revenue..............that cost ??? $2,000,000 tooooooooooooooo $4,000,000.......give or take a million or two!!!!!!!!!!! sheeeeeeeeeshhhhhh GLTYOU RR
Comment by
eunice12 on Aug 04, 2022 3:37pm
on-target. Or I should say never-on-target. That puny $75k is pre-commercialization so it has to be capitalized. (It would be uneconomic anyway during all the stop starts a pilot plant goes through so only you thinks that should be promo time.) It is only big money for a small thinker who doesn't understand that concept. Hint, you always fit the bill.