$DRAG .0059 MONSTER DD/VALUATION & IT'S REALISTIC
REMEMBER Here is what 1 OTR Tire @10,000lbs can produce..
OIL 510 Gallons @ $2.50 = $2375 per 10,000 pound tire
1200lbs of Gas @ 6lbs gallon = 200 gallons @ $2.50 = $500 per 10,000 pound tire.
STEEL 2000lbs @ $0.10 = $200 per 10,000 pound tire
CARBON 3300lbs @ $6.50/lb is $21,450.00 per 10,000 pound tire.
Revenues of $24,525.00 per 10,000 pound OTR Tire which is $2.4525/lb
Approximately 250,000,000 lbs of Scrap OTR tires Annually & 290,000,000 (car 22lbs/truck 35lbs/semi 110lbs) @ 8 Billion to 10 Billion Pounds with over 10 billion stockpiled in U.S.
500 OTR Tires @ approximately 5000 lbs per = 25,000,000 lbs which can Generate $2.45/lb >> $61,000,000 Annual Revenues
Car/Truck/Semi tires @ approximately 1% of Stockpile/Annual Scrap is 80,000,000- 100,000,000 lbs can generate @ $2.45/lb is $196,000,000 to $245,000,000 Annual Revenues
$61,000,000(OTR) + $220,000,000(CAR/SEMI/TRUCK) for a Total of $281,000,000 Annual Revenues
$281,000,000/350,000,000 O/S is $0.80 PPS using a P/E of 20 is $16.00 PPS
REMEMBER Here is what 1 OTR Tire @10,000lbs can produce..
OIL 510 Gallons @ $2.50 = $2375 per 10,000 pound tire
1200lbs of Gas @ 6lbs gallon = 200 gallons @ $2.50 = $500 per 10,000 pound tire.
STEEL 2000lbs @ $0.10 = $200 per 10,000 pound tire
CARBON 3300lbs @ $6.50/lb is $21,450.00 per 10,000 pound tire.
Revenues of $24,525.00 per 10,000 pound OTR Tire which is $2.4525/lb
Approximately 250,000,000 lbs of Scrap OTR tires Annually & 290,000,000 (car 22lbs/truck 35lbs/semi 110lbs) @ 8 Billion to 10 Billion Pounds with over 10 billion stockpiled in U.S.
500 OTR Tires @ approximately 5000 lbs per = 25,000,000 lbs which can Generate $2.45/lb >> $61,000,000 Annual Revenues
Car/Truck/Semi tires @ approximately 1% of Stockpile/Annual Scrap is 80,000,000- 100,000,000 lbs can generate @ $2.45/lb is $196,000,000 to $245,000,000 Annual Revenues
$61,000,000(OTR) + $220,000,000(CAR/SEMI/TRUCK) for a Total of $281,000,000 Annual Revenues
$281,000,000/350,000,000 O/S is $0.80 PPS using a P/E of 20 is $16.00 PPS
