50 tons: 3150 tons/oil produced (current crushing production) 150 tons: 9450 tons/oil produced (current crushing capacity) 250 tons: 15,750 tons/oil produced (expected crushing capacity)
Current refining capabilities is over 16,000 tons per year (don’t know if 16,000 is on end production or amount of crude soy oil refined). I’ll assume its on the front end (crude oil refined). The upgrade to 250 tons of crushing capabilities (produces 15,750 tons/oil produced) would max oil refining. With the purchase of two additional soybean crushing plants to be acquired together with Ag Pro this would give a clear indication that they are moving forward with the bio-diesel plant addition. With the additional two crushing plants producing soy crude oil to be converted into bio-diesel.
Numbers and website used:
Oil yield per bushel: 11.38 lbs (18.9% yield per bushel) Bushel of soy: 60 lbs Bushels per ton: 33.33 Ton: 2000 lbs 378 lbs yielded per ton
I could be completely off. Had a little free time at work and decided to try and crunch some numbers. All numbers are rough and could be completely wrong, but that is what I came up with doing some DD.
IP: Logged |
posted
I'm getting the impression that this will end up like every other penny stocks. I hope I'm wrong, but see no reason to think otherwise at the moment.
IP: Logged |
posted
Did you see the copy of the first RegDex ViperZ?
I think I have it buried somewhere if you would like me to dig it out and send it to you.
PM me if you want.
As to quarter over quarter results? They announced 1st quarter results approximately 1 month after end of quarter. However they have yet to announce 2nd quarter results. So as to third quarter???
BF
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
That would be great. I really don't understand the RegDex and I googled what this form is and everything I read was related to other companies and in a negative way.
IP: Logged |
1 mill shares went through yesterday at .015 and spread is tighter than it has been for a while now. IF it continues could be the start of something.
IP: Logged |