OTCPK:NCNNF - Post by User
Comment by
TheInsideron May 01, 2019 2:26pm
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Post# 29696152
RE:My expectation for Q3 ended on March 31 published on May 21
RE:My expectation for Q3 ended on March 31 published on May 21Auditor wrote: | | Estimate |
| | Q3 March 19 |
| Revenues | 3,600,000 $ |
| Production | 600 kg |
| Cost of good sold | 1,260,000 $ |
| Biological assets | |
| GM | 2,340,000 $ |
| GM % | 65% |
| Administration | 1,300,000 $ |
| Sales | 450,000 $ |
| EBITDO | 590,000 $ |
| Stock opt | 550,000 $ |
| Depreciation | 400,000 $ |
| Profit | (360,000) $ |
| Tax | - $ |
| Net Profit | (360,000) $ |
| EPS | (0.00) $ |
| Share price estimate | $ 1.50 |
| If licence granted | $ 2.00 |
I just did this forecast based on previous quarters ... to monitor how good they are are ramping up the inside production ... Of course the outdoor production will justify a greater evaluation.
Appreciate your efforts.
Ultimately, these earnings are almost irrelevant.
Do the math on 30,000 KG's being converted into 135,000 litres of oil at a harvest cost of $.25 cents a gram and a production cost of maybe $1-$2 per gram.
Revenue of about what, $270M and gross profits of around $220M?.... Maybe use a 5x cash flow multiplier.
Oh yeah, and total production actually stands at 45,000KGs.
The upside is staggering.