Noble Iron Inc V.NIR.H

RE: world market potential

[mcugly]

$100 billion? I'm just speculating, crunching some numbers, doing the math, making assumptions!But if we assume that there are only 3 major players in the same industry as Napier, each with 10 different products,with 150,000,000 users worldwide,using on average 1 gallon of product per year per supplier,at an average price of $23 per gallon,that would equate to an annual sales of approximately ($150,000,000*23*10*3 is approximately $100 billion per year. If Napier cornered 1% of the market, their annual sales would be approximately $1 billion. If there are more suppliers and more variety of products then the potential market should be much greater. Given that Napier still only mananges to corner 1% of the market their sales coul possibly exceed $1 billion. But what do I know!! I'm just a bean counter anyway. If we're going to dream then we might as well dream BIG!!! Here's to the longs!!!!!!