Posted On: 01/12/2014 4:47:09 AM
Post# of 17862
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Just to add to the speculation about revenue potential - assume 25 million board feet for the first three years. Although HIMR hasn't given a production by board foot estimate, we can infer one from other estimates they gave. In the LOI they estimated 20,000 trees as equivalent to 10 million board feet and they later estimated a section of the concession they thought they could work in the first three years has about 50,000 trees. And so, if they did give a three year estimate, it would seem to be 25 million board feet.
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