The mystery that is "FIRE" No investor presentation, no investor deck, no real guidance on revenue and profitability moving forward.... so they are quadroupling production to "over 5k kg's" for this year ...
2018 5,500 kg's revenue will be ? (Insert here) Any "reasonable" estimates on what this company can expect to receive for it's product?
what about
2019 (late 2019) 50,000 kg's same question ...... revenue & gross margins
2020 60,000 kg's same question ....... revenue & gross margins....
I like the niche this company is going with as they should always be able to find a buyer for a decent price by producing high quality bud, I DO NOT like the mystery of this company's IR & MD &A statements......
IF they can ramp up using current cash flow (est 5,500 x $4 = 22M ) and avoid dilution to get to 50,000 kg scale then (50,000 x $4 = 200M *how much of this stays in the coffers*???? the critical question* ...if they can maintain 50M or 25% AND , keep their niche and maintain $4 ...then this should be trading at 5% ROI for a growing co... thats 1B + 150 assets = 1.150M /220 shares
= $5.25 share (should present itself somewhere in 2019 when all aspects are demonstrated)
Thats a 100% return in 12-18 months.....
If anyone has bullish or bearish insights on the numbers would love to hear them ,cheers