RE:RE:RE:Right or Wrong Well, I said 1000 torches over 2 year. For example initial torch contract Q4 2020 of 200 torches. 400 torches in 2021 and another 400 torches in 2022.
Fair share price for this option would be
400x $3M USD = $1.200.000.000 USD
=> Net margin of 67% = $804.000.000 USD
=> EPS = $5,36 USD
=> P/E ratio of 35
=> Fair share price value in 2021 = $5,36 x 35 = $187,6 USD = $246,12 CAD
Option 2 could be 500 torches in 2021 and 500 torches in 2022. Would be 42 torches per month.
Fair share price for this option would be
500x $3M USD = $1.500.000.000 USD
=> Net margin of 67% = $1.005.000.000 USD
=> EPS = $6,7 USD
=> P/E ratio of 35
=> Fair share price value in 2021 = $6,7 x 35 = $234,5 USD = $307,8 CAD
It's not something I make up, it's simple math.
vers1demainvert wrote: I tend to agree more and more with you canyousay about posters who expect 1,000 torches as a first contract. These expectations could only plunge the share price if we even get a 200 torch contract which in my eyes would be more than great. These outlandish posters (uncleron being the worst) could be misconstrued by serious investors as being basher talk. Of course just like you I would love for that joker to be right but till we get a first contract signed let us not talk about what we do not know. Peter will deliver the goods in due time and first contract signing will just be one of many more to come.
canyousayiii wrote: Within a couple of months, many here will be proven wrong....i doubt that anyone will have predicted what will come. In the BNN McW rebuttal, Peter said there will be at least a couple of torch deals within three months and they will not be for 1 or 2 torches, or something like that. He did not give any indication of scale except clearly saying a deal will not be so less than a handful of torches. Now pick a number. It would be just nice to have some scale so that folk do not become needlessly disappointed if the number is not in hundreds or 1,000. I would be more than pleased with 50, but would not be disappointed with something in 10s for the first tranche, especially if more than one client.