RE:RE:Realistically, where do you see the price by Christmas?
AG Superstar, I think your numbers are super low. Brad's guidance was 65 mil for the year. Granted we lost a few months-BUT- If distillate machinery installation schedule is still on track, we should have 3 machines with 4500 liter monthly capacity by October. We have 300 liter contract, a 1000 loi, many more loi's per Phil & unbelievable demand per Jonathan. In a perfect world we produce 4500 liters monthly starting in Oct. At $6000 per liter that is 27 mil monthly in oil only. Now of course the world isn't perfect. So let's say it is half perfect. That would be 13.5 mil monthly with 27 million monthly in the headlights. 13.5 mil leaves Canopy Growth, Aurora and all the other high flying big shots in our dust. This is a very new industry. The winners are still emerging. It seems to me we will be emerging this fall. Now I'm not saying the market will award us a multiple of 145 x revenue like Canopy but we very well may be #1 so it might be. By the way, if the world were perfect--27 mil monthly x 12 months is 324 million yearly multiplied by 145 (like Canopy) is 46 billion 980 million. divided by 138 million shares, it's $340.43 per share. Now of course that multiple is crazy but Canopy has it. So this is why I think your guess is low AGsuperstar. There's a lot of room between your prediction of $3.50 by Christmas & the crazy perfect world I just described. I'll just make an ultra conservative guess of a Merry $25.00 Christmas. GLTA