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Nairaland Forum / Nairaland / General / Agriculture / Great Money Making Opportunity: Tap Into This Under Exploited Goldmine (32132 Views)
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Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 1:32pm On Aug 14, 2020 |
Now that we have seen the required machines & equipment, the sample temporary structure that a small scale investor can start with, let us look at the possible profit profile of a one - expeller factory set up |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:26pm On Aug 14, 2020 |
Profitability Profile: Let us assume that we crush 2.5 tons of good palm kernel nuts. Using the prevailing prices currently, Palm kernel nuts ………N140,000 per ton Palm kernel oil …………N440,000 per ton Palm kernel cake………. N38,000 per ton Palm kernel sludge……...N90,000 per ton Given the above prices, let us look at how it adds up. The norm is that at 40% extraction rate, which is the convention in the industry, 2.5 tons of kernel nuts will yield one ton of palm kernel oil (PKO), 1.375 tons of palm kernel cake (PKC) and 0.1 of sludge (PKSL) Profitability Calculation Cost of raw materials 2.5 x 140,000 = N317,500 Aggregation of sales Sale of PKO 1 x 440,000 = N440,000 Sale of PKC 1.375 x 38,000 N52,250 Sale of PKSL 0.1 x 90,000 = N9,000 Total Sales Revenue N501,250 Gross Profit 501,250 – 350,000 = N151,250 Let us roughly assume 50% Expenses N75,625 Net Profit N75,625 1 Like |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 6:51am On Aug 17, 2020 |
Hello folks, good morning and happy new week to you all |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by FarmandTractors: 12:53pm On Aug 17, 2020 |
Farm Land Clearing and Preparation. contact us today for your land clearing services that leave the top soil untampered for optimum grow. You can trust us with your project, We deliver jobs nationwide. Call: 08062288737 |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 10:15pm On Aug 17, 2020 |
Goods evening, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:44am On Aug 24, 2020 |
Good morning, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:15pm On Aug 24, 2020 |
Profitability Profile: Let us assume that we crush 10 tons of good palm kernel nuts. Using the prevailing prices currently, Palm kernel nuts ……N140,000 per ton Palm kernel oil ………N440,000 per ton Palm kernel cake………. N38,000 per ton Palm kernel sludge…. .N90,000 per ton Given the above prices, let us look at how it adds up. The norm is that at 40% extraction rate, which is the convention in the industry, 2.5 tons of kernel nuts will yield one ton of palm kernel oil (PKO), 1.375 tons of palm kernel cake (PKC) and 0.1 of sludge (PKSL) For 10 tons of good quality kernel nuts crushed Yield: PKO = 4 tons PKC. = 5.5 tons PKSL.= 0.4 tons Profitability Calculation Cost of raw materials 10 x 140,000 = N1,400,000 Aggregation of sales Sale of PKO 4 x 440,000 = N1,760,000 Sale of PKC 5.5 x 38,000 N209,000 Sale of PKSL 0.4 x 90,000 = N36,000 Total Sales Revenue N2,005,000 Gross Profit 2,005,000 – 1,400,000 = N605,000 Let us roughly assume 50% Expenses N302,500 Net Profit N302,500 |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:39pm On Oct 01, 2020 |
Hello fans, I wish you all a happy independence anniversary |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 2:56pm On Nov 01, 2020 |
Hello folks, good afternoon and happy Sunday |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:25pm On Nov 01, 2020 |
Watch out for an intensive online training on the business of palm kernel oil production for beginners and existing operators. The training will equip you adequately to start and run your factory profitably. Below is the course outline. 1. Business plan development- 2. Business Fund Sourcing 3. Equipment selection and Acquisition 4. Equipment maintenance and Optimization 5. Basics on palm kernel toasting on local toasters /dryers. 6. Yield determination of kernels. 7. Routine maintenance checklist. 8. Palm kernel nuts selection and quality checks and purchasing. 9 .Pricing and operations Model. 10. Sales of finished products Get in touch for the date and time of the training. |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 1:24pm On Nov 02, 2020 |
Hello folks, good afternoon |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by AgricLady(f): 2:59pm On Nov 02, 2020 |
ozornet: |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by AgricLady(f): 3:01pm On Nov 02, 2020 |
you quote on production profit is it per sales quarter or per day? |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:20pm On Nov 03, 2020 |
Hello folks, good morning |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:25pm On Nov 03, 2020 |
AgricLady: Hello, AgricLady, those profit figure is per day. |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 8:24pm On Nov 03, 2020 |
Hello folks, good evening |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 7:09am On Nov 06, 2020 |
Good morning folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 9:24am On Nov 07, 2020 |
Hello folks, good morning |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:48am On Nov 09, 2020 |
Good morning, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:57pm On Nov 11, 2020 |
Good afternoon, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:09am On Nov 12, 2020 |
Good morning, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by 10mobile: 12:40pm On Nov 12, 2020 |
solreb:Do you still do this? If yes, what's your location and current prices? |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by 10mobile: 1:56pm On Nov 12, 2020 |
ozornet: Good afternoon sir. Please, if you still have this video, kindly share with me on 07053311253. |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:13pm On Nov 13, 2020 |
10mobile: Good morning 10mobile, kindly check your WhatsApp for the pictures and videos, thanks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 10:53pm On Nov 15, 2020 |
Watch out for an intensive online training on the business of palm kernel oil production for beginners and existing operators. The training will equip you adequately to start and run your factory profitably. Below is the course outline. 1. Business plan development- 2. Business Fund Sourcing 3. Equipment selection and Acquisition 4. Equipment maintenance and Optimization 5. Basics on palm kernel toasting on local toasters /dryers. 6. Yield determination of kernels. 7. Routine maintenance checklist. 8. Palm kernel nuts selection and quality checks and purchasing. 9 .Pricing and operations Model. 10. Sales of finished products Get in touch for the date and time of the training. |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 7:51am On Nov 17, 2020 |
Good morning, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 8:09am On Nov 18, 2020 |
Hello folks, good morning |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:17pm On Nov 18, 2020 |
Good evening folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:45am On Nov 19, 2020 |
Hello folks, good morning |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 6:58am On Nov 20, 2020 |
Good morning, folks |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 8:18am On Nov 21, 2020 |
I wish you good morning and a happy weekend |
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by Chukwuseunn: 5:13pm On Nov 21, 2020 |
ozornet: What you have there is not PKC. Do not mislead people |
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