Post by
Bever73 on Jan 12, 2018 1:01pm
Co. Has 90m in cash...
So subtract that from market cap.... Co has 450m value if you ex out the money ; 60,000 kgs x $3 gram (worst case ) x $5 gram (wholesale premium) = 180m - 300m. @ 50% profit margin (middle range) = 90m -150m profit per year. 5-10%roi. Company value 900m -3B. (At that point the cash will be gone but they will have asset value of facilities on books ) thats a share price of $5-$20,.... I dont think it will be too hard for the company to get $3 gram and sell 60,000kgs .....thats pretty conservative....which makes FIRE a pretty decent investment at these levels
Comment by
gr8shot on Jan 12, 2018 1:05pm
No $hittrader here - finally a clever Bever!! Conservative estimates very nice to see someone doing the math acting smart and rational - I know for some it's impossible! Again very clever Bever! GLTA gr8shot
Comment by
Canada2016 on Jan 12, 2018 1:55pm
By summer this will be 10 bucks
Comment by
Supertraader on Jan 12, 2018 3:33pm
This post has been removed in accordance with Community Policy
Comment by
joezhang on Jan 12, 2018 3:40pm
Good. ...should I am buying in ....
Comment by
Reworking on Jan 14, 2018 10:57am
Stop wild a** predictions. worthless post.
Comment by
Reworking on Jan 14, 2018 10:54am
WRONG, gross profit margin is 50 PER CENT. NET PROFIT MARGIN AFTER S&G IS NEGATIVE. AND 50 PERCENT WILL GO LOWER AS TIME GOES BY. Some of these posts are totally irresponsible.