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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: MKTBUZZ who wrote (2333)	6/2/1998 2:54:00 PM
From: Almost Blue	Read Replies (3) \| Respond to of 4142

Do we have a target date for the opening of the plant? Would not mind going to see it in operation. Can anyone take us through calcs on share value per 350,000 and/or 100,000 plant opening? Thanks, DW

To: MKTBUZZ who wrote (2333)	6/2/1998 2:57:00 PM
From: Jay Lowe	Read Replies (1) \| Respond to of 4142

Thanks, BUZZ, nice work ... now how about calling the fellow back and asking him who does their SEC work? ;-)

To: MKTBUZZ who wrote (2333)	6/2/1998 7:01:00 PM
From: Dave Bissett	Read Replies (1) \| Respond to of 4142

Still catching up with today's posts, but this statement...<<He said the first plant was going to be a 100,000 gpd facility but is now being made into a 350,000 gpd facility>> is a mind blower if true and changes the financial picture considerably. Arcon's previous info. projected $20mil pretax profit on a plant producing approx. 125,000gpd. They also projected gross revenue for the 125,000gpd plant to be $150mil, suggesting a pretax profit margin of approx. 13%. I don't know the cost of a plant but it seems to me producing 350,000gpd from one plant would up the profit margin significantly, AND they ain't upping production for nothing....I'd say they're expecting to sell more from that plant, wouldn't you? Still reading and reworking figures. DB