I'm not a fan of management either, but the company will be a position where any Joe Blow will be able to run the company and super duper soon.
Here are some realistic rough numbers :-
The plant has capacity of 16,000 tonnes/yr of Cheese. Right now they can easily produce 666 tonnes/month and out of that 30% has commenced contract (200 tonnes/month). Now this translates in 2400 tonnes/yr with this company and $12 million/yr from this secret buyer. That equates to $5000/tonne. This means that there is potential for another 6 contracts like this. This is also an easy one but reliable customers are paramount, I think. It works out to be 5/kg sell and that works out to be $1.25/250g and retailers are now selling an inferior quality with no SQF ( Safe Quality Food ) for retail $3.5/250g. (Home brand) This means they will have explosive margins, so if retailers have good management, they'll strike a deal with BFC, the cost dynamics is in its favour. 16,000 tonnes of moz cheese translates to $80 million in revenue/yr. More updates will come in one after the other this FY, there's enough signs of it.
The company will have to carefully consider what method of depreciation to be used on eligible equipments, this will make profit look good uniformly or upward curve. Whichever way, free cashflow will be good.
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