Fun with math- TGOD vs. WMDTGOD lowers it expected production capacity for 2020 to 20,000KG.
Based upon its current market cap, $336MM, that would value TGOD at $16.80/gram of 2020 production.
WMD is guiding towards 150,000KG of production when exiting 2020.
Based upon its current market cap, $145mm, that would value WMD at $0.97/gram of 2020 production.
This is back of the envelope math and in no way reflects in other metrics or variables to calculate intrinsic value.
This one just made me lol
And obviously this sets up a nice long/short pair trade