Paul and All:
Just reading over the release again and the impact of the following really slapped me up side the head...
Customers contract with Xinmao for the *life* of the pipeline, estimated at 40 years. The average construction cost per household is only $240 USD, which includes labor, pipeline, and meter installation. The typical household is then billed for 5 cubic meters of LPG per month at $6 dollars USD over the ensuing 40 years, subject to price increases as indicated.
Question? Is this fee in addition to fees charged for gas usage? I will be checking this out you can be sure. I will post it.
Just for fun... 40 (yrs.) X 12 (months) = 480 months X 6.00 = 2,880.00 less cost of installation, labor and meter 240.00 nets 2,640.00 dollars per user!
Well, Dusty, 40 years looks like long term stuff to me ... grin.
NOW... multiply 2,640.00 X number of customers = plenty money ...
See, I told you I smelled money... LOL
BTW, Paul, or anyone who wants to increase holdings do it SOON or you will be paying more money for your stock... JMO
Dusty |
