Thu, Jul 31, 2014, 3:46 PM EDT - U.S. Markets close in 14 mins.

Recent

% | $
Click the to save as a favorite.

Gulf Resources, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • imdaman20072002 imdaman20072002 Oct 4, 2010 10:27 PM Flag

    GFRE has $7 Billion in Bromine Assets

    Not to split hairs on price which is now over 3k/MT, however August Q had annual production up to 46,300MT and you know more acquisitions are inevitable so is it 6, 7 or maybe 8 Billion.

    You get the picture right?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I was just curious what number you were using; kind of like a check against my figures. Yes, they will continue acquisitions and that will factor forward and you could drive yourself crazy trying to project out over decades. At this point though, I couldn't rationalize 46,300 tonnes which would be exactly 100% current capacity. Other than factories 1 and 5, none of the other sites were above 90% capacity last year. Since factory 9 was out of production for over a year prior to purchase in June of this year, I doubt it is still not even close to capacity. Don't get me wrong, I think GFRE is a great purchase at this price. I am still severely overweight GFRE. I just think an 85% capacity (a 6-7% efficiency improvement over last year) is more realistic. At 85% capacity, I come up with around 40,000 tonnes.

 
GURE
2.00-0.08(-3.85%)3:41 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.