GREY:FEBTF - Post by User
Comment by
skyhi0on Nov 15, 2005 12:52am
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Post# 9866612
RE: Sales Targets
RE: Sales TargetsI believe these targets were posted on the company site at the end of 2004. To date all projections and a few of the TBA's have been met. Presumably there will be sales in the first half of 2006.
I believe if the current testing being done is positive these "sales" could be substantial. At $100 kg it won't take too much to see a couple of ($2million) revenues. I think the real numbers might start to roll in during 2007... $10M ..$20M..$30M ???
Assume....
If we are valued at about 2x revenue that means ... $20M x 2 = $40M.
With roughly 13M shares out that is $3.00+ per share.
Thoughts?