Eve & Co Inc V.EVE.H

3 EU binding agreements

[GarlicToast]

Something i copy from paste from a FB post might be of interest here, anyone doubting the EU agreement. Compliments to Alain Falardeau for posting this:

3 EU binding agreements…

1st binding agreement:
• First 2 years : minimum of 2500kg
• The supply agreement is for an initial term of three years and is automatically renewable for two subsequent two-year terms

2nd binding agreement:
• First 2 months : 500kg/month
• Next 22 months : 1000kg to 5000kg/month
• The supply agreement is for an initial term of three years and is automatically renewable for two subsequent two-year terms

3rd binding agreement:
• First 2 months : minimum of 25kg/month
• Next 22 months : minimum of 100kg/month
• The supply agreement is for an initial term of two years and is automatically renewable for subsequent two-year terms.

[Midnitegrind]

Haha strap in it's gonna be a good year

[stockgypsy]

Lets do some math. If all 3 agreements start shipping at the same time then we can expect the following approximations. This may not be the case but to make it easier I am using this logic. First 2 months  105kg (2500kg / 24 months-rounded up) + 500kg + 25KG = 630kg total per month Next 22 Montths   105kg (2500kg / 24 months -rounded up) + 1000kg + 100KG =1205kg total per month

[Snake69]

Looks pretty fair.... On top of that..... Germany doesn't have any intention in building L.P. WHY? Labour costs are too high,that's why...

[HarfanddesNeiges]

Thanks, your explanation looks rational and conservative. Are we only the only ones to be inform about this company and again why the SP is so low being the fact that revenues are coming soon, now. I hope next Monday EVE will start strong Have a good weekend.

[Goldy63]

Nice post Gypsy . As for 10$ a gram I posted the price per gram in Gemany Average and it was 14$ and change after you added up all the numbers then did the math per gram as some where in onces and some where at 5 grams then divide by the number of cities in Germany . BUT thats before costs and bulk discount so I would bump your estimate per gram to at least 5 to 6$ as it would be reasonable to