RE:RE:RE:RE:RE:Spring is in the airNot guessing anymore. I was just eluding that to recognize a sale made today as full revenue for 2021, the product or whatever deliverable has to be fully provided to the client in 2021. If something takes 18 months to construct and deliver...you get the gist...part revenue, part backlog in quarterly or annual financials. But yes, if client A likes the pilot torch and announces that they will refurbish and entire plant at whatever financial terms, now you can start speculating that if the whole plant conversion turns out as expected that the same will be procured for some of their other plants and then this speculation can start for other clients. Same goes for other product lines that have not effectively started commercialization. Waste and drosrite is somewhat a different dimension because there are real-life applications so we need a bit better visibility as to what is holding back faster adoption. JMO, but don't get me wrong, I'd be as happy as anyone if Uncle was right! LOL!
kjs4381 wrote: canyousayiii wrote: $6 billion market cap for $90 million revenues even if possible for 2021? Not quite sur market would give it that kind of premium unless there was another 9-digit backlog on the books.
Chrisgodfrey202 wrote: That represents a 200% increase in revenue for 2021. If the current base price is 8.00. Then that would suggest a year end rate of $24.. i think the revenue could easily be around 90, mil and that would suport a SP of 40.00. The actual price should be between those two numbers.
I think your numbers are conservative at 90 million. If three companies only order 10 torches each, to be followed by 10 more. That alone is the 90 million for 2021 and 90 million additional for backlog, and that's not counting other divisions. At this point we are all guessing but personally, I wouldn't be surprised at a 50 torche deal or more. A small deal would never take this amount of time. Jmo