GREY:VAALF - Post by User
Comment by
Dragonflyinveston Aug 25, 2006 12:28pm
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Post# 11273162
RE: VAA - 430,000 carats
RE: VAA - 430,000 caratsI guess nobody reads this crap. So I'll correct my own posts.
Can they make money? Coy est. op. costs of <$10 cubic meter - product value $25-$30 cubic meter. Annual production 38,000-40,000 carats would generate $7.6M - $8.0M in revenue. 75% interest in project = $5.7 - $6.0. EPS = $.075 P/E = 10.66