RE:TRUMPFriend:
The online calculator that shows - is TRUE (your 1st statement):
ppm calculators online all give a vale of.
100 ppm = .01%
BECAUSE: 1/1,000,000 = 1 ppm (1 part in 1 million), so 10% is 100,000/1,000,000, so 1% is 10,000/1,000,000, so 0.1% is 1,000/1,000,000, therefore you are correct, 100 ppm = 0.01% !!!
BUT, you then stated the following:
Based on the figures above
pull out your calculator and punch in 2200 pounds x .01%
= 22 lbs ( 10 kg )
I PULLED OUT MY CALCULATOR (2200#s is 1000kg which is 1 tonne) and 2200# x 0.01% = 0.22#s, BECAUSE 1% of 2200 is 22, and 0.1% is 2.2, and therefore 0.01% is 0.22# (or 1 kg - that you don't like using). You have to remember what percent is, not just multiply 2200 x .01 = 22.
Hope this helps.
BUT, I have to say, all your informative info has certainly STOPPED the ASKS from dropping down to the BID (or almost), thus keeping the SP basically up. Although, the bad news for me, is my 500k fill @ $0.06 still hasn't been touched. I have enough but freed up more cash to get ready for the eventual rise - being either in the next month, or months from now during the fine-tuning of the 2021 DDH season.