Posted On: 07/28/2016 1:45:35 PM
Post# of 22940
Nice Mysterium and thanks... like you, I would have really liked Bill to have also been on that CC... but understandable he couldn't due to food poisoning; wish him well with that.
With regards to your comment below, I believe it's 3M bearings:
"The new facility is operational and already producing product for the U.S. market. Expecting to produce 2-3M bearings plus other metal work. Should see revenues from production toward end of 2016."
With regards to your comment below, I believe it's 3M bearings:
Quote:
IR mentioned a 2-3M production run. Did anyone catch if they were referring to 2-3M gross/net cash, or were they referring to 2-3M bearings produced per full capacity run? If that was 2-3M bearings per run, and each aircraft requires 3,000 bearings, when you do the math (2M/3K), that equates to 667 aircraft per production run. And 667 * $500,000(which is the cost in bearings per aircraft) is equal to $333,500,000. That alone would place us above the entire value of the 10-yr BTL SLA, so that needs some clarification.
"The new facility is operational and already producing product for the U.S. market. Expecting to produce 2-3M bearings plus other metal work. Should see revenues from production toward end of 2016."
(6)
(0)
