Helpful throwback Friday 12th April 2024 16.475 Aug 2024 20:32
We should be in production sometime next week, assuming all the bits of paper can't be dealt with in a
timely fashion, if not the week after, The issue is importation paperwork for the wash plant,VAT and
import duties and all that good stuff.
On a reasonable basis, the wash plant should generate something like $255k pm of free cash flow. Once they have that on site and producing, they can start the other wash plants moving.
The big thing is getting a production licence to produce at volume; again, with a following wind and bit of efficiency that could be September/October. There are wash plants out there that do 220 tph that
don't cost very much.Get four of them rocking and rolling,and we are talking serious money.