the math is simple5000 tons x 6000.00 a ton =30mm gross rev ? margin on that ,lets say 50%
how do I get to 5000 tons a year
5000/52= 96 tons per week
were at 2
94 tons to go
the question is can someone who thinks they are smarter scale this up, does the IP have other applications,IE toasted meal,adjuncts to aqua protien,who knows,what is someone smarter willing to pay.
.10 cash probably less with burn
.06 hard assets
.05 tax losses
ip?
lets say .20 give or take the IP
what is the sp? hmmmm
the longer they go without a deal,cash declines so does sp
someone just said they prematurly enaculated and are really still an R&D stage.company,your right,this is what happens when you have a guy over promising and feeling the heat to commercialize,they spend buckets of sh money with no remorse after all carl exited with millions probably in hawaii right now.
so where does that leave the current sh,depending on your acb ,scrambling to decide if they should sell and get on with life without bxi or,thinking cannacord may just help save them and get them .40-.60 a share on a bid they already have in the works,pure speculation on my part.but when you see insiders buying 1.5 million shares for .16 3 weeks infront of a NR it makes you wonder,wher its all headed.
downside is .16 and a zero upside is .60?
tough decision
good luck