ENGlobal Corporation (NASDAQ:ENG) Q3 2022 Earnings Call Transcript

Rob Brown: Okay. Great. Yes, thank you. And then the last question is really on the sustainable aviation fuel projects. I think you said four to five of them are sort of in your sites. What’s a typical sort of revenue per project and how long do those sort of take to complete once you’ve booked them?

Darren Spriggs: Maybe a longer answer again that it’s too two version of them. One is somebody extend the plant or you build a grassroot. What we focusing more is on the grassroots. So a 6,500 per pound is somewhere around 500 million. And the ENG scope then is focused on the inside battery limits, which means project management, the engineering, procurement, and fabrication modules. So if you take those $500 million, ENG scope is approximately $150 million over an 18, 20 miles period.

Rob Brown: Okay. Great. Thank you. That’s very helpful. I’ll turn it over.

Darren Spriggs: You’re welcome.

Operator: There appear to be no further questions in queue. I would like to turn the floor back over to the management team for any closing comments.

Darren Spriggs: No closing comments from us.

Operator: Thank you, ladies and gentlemen, this does conclude today’s conference call. You may disconnect your phone lines at this time and have a wonderful day. Thank you for your participation.