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Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > Currently producing at 3,200KG rate per year
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Post by HowdyBob on Oct 16, 2019 10:19am

Currently producing at 3,200KG rate per year

Just a reminder. That's 16 million in revenue at $5 a gram per year.

Soon to be 5,000kg rate per year within current licensed abilities.
Comment by crash01997 on Oct 17, 2019 2:30am
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Comment by crash01997 on Oct 17, 2019 3:39am
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Comment by kukaman on Oct 17, 2019 7:29am
Don't know if these current production rates are sufficient to get them over the hump. The stock price says another private placement is coming. And debenture... The company should simply focus on getting their production rate up significantly as soon as possible. But unfortunately they are also focusing on Tea, Shops, Australia, Interviews, Promotion, blablabla... They have maneuvered ...more  
Comment by lscfa on Oct 17, 2019 7:55am
I think they will get closer to $4/gm.....     Capacity used kg 3,200 Rev $4/gm 12,800,000 Cogs $0.75/gm (2,400,000) Gross margin 10,400,000 Overhead (10,000,000)  ...more  
Comment by HowdyBob on Oct 17, 2019 9:19am
Fun! so I get $3.30 eps based on full production non-diluted at $5 per gram. thanks for the table. Or $2.40 eps per share fully diluted but that means the stock price is higher than $1.50 by the end of February
Comment by ashleigh64 on Oct 17, 2019 12:19pm
howdy, can you show all your work so we can see how you get an eps estimate that is so different from lscfa's estimate? lscfa, what are you basing that $10 mil overhead estimate on? - ashleigh
Comment by HowdyBob on Oct 17, 2019 1:39pm
I will trade you for it, answer me what is concerning about the warrants and I will answer your question.
Comment by ashleigh64 on Oct 17, 2019 2:21pm
i don't like how the share price is so low relative to the exercise prices of many of the warrants. the share price is continuing to go down while the warrant expiry dates get closer. take a look at the listed rqb-wt warrants. the last trade i see was at 0.005! there are no bids that i see! if the warrants expire there is no dilution, but the company doesn't get the money and it will be a ...more  
Comment by crash01997 on Oct 17, 2019 3:26pm
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Comment by HowdyBob on Oct 17, 2019 3:29pm
Okay last response and then you are on Ignore. No value and only attemts to create doubt and fear instead of quality discussion. You need to use real points based in reality to have a discussion instead you are twisting small meaingless points trying to make them bigger because there is so little to say negative about the company specificaly and not sector wide issues. But hey, I can't ...more  
Comment by ashleigh64 on Oct 17, 2019 4:54pm
i don't think i'll ever understand this company's community. i find it strange how differing opinions lead to insults, ignoring, and hostility so fast. within 6 weeks i've seen this company's share price go from 0.44 to 0.22 when i wouldn't have expected it to do that. yes, that kind of price action will cause doubt! the conf call recording situation is also strange to me. ...more  
Comment by crash01997 on Oct 17, 2019 5:04pm
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Comment by ashleigh64 on Oct 17, 2019 5:49pm
i thought you were joking about not knowing that conf call recordings are typical. sorry i didn't know that such a common idea was actually unknown to you. https://ir.thecronosgroup.com/events-presentations that's for cronos. click on the past events button then scroll down to find the past conf call recordings. https://www.globenewswire.com/news-release/2019/10/10/1927876/0/en/HEXO ...more  
Comment by Sled110 on Oct 17, 2019 6:49pm
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Comment by HowdyBob on Oct 17, 2019 7:58pm
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Comment by ashleigh64 on Oct 18, 2019 11:59am
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Comment by crash01997 on Oct 17, 2019 3:22pm
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Comment by HowdyBob on Oct 17, 2019 3:33pm
No and I won't be asking either. did I say I would? George said the clippings are coming from Wayland in the few weeks following the conference call and then filling the 2 rooms. I trust that is happening. very much looking forward to the James West walk through promo that will hopefully come soon. hopefully around the same time as the license expansion ammendment, that would get some ...more  
Comment by crash01997 on Oct 17, 2019 4:16pm
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Comment by HowdyBob on Oct 21, 2019 3:52pm
I saw clippings sales revenue in last quarter report???
Comment by lscfa on Oct 17, 2019 3:17pm
Just look at last qtr's expenses and multiple by 4.....
Comment by crash01997 on Oct 17, 2019 3:25pm
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Comment by lscfa on Oct 17, 2019 3:59pm
I assumed $4/gm to be conservative. you can input your own assumptions. There will be downward pressure on prices due to the lack of retail outlets in Ontario and the oversupply of pot from 128 licensed producers. People have been saying since day 1 that for the growers it's a race to the bottom.  
Comment by crash01997 on Oct 17, 2019 4:22pm
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Comment by crash01997 on Oct 17, 2019 4:57pm
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