Post by
leopold99 on Apr 25, 2019 9:36pm
Math again
Here we are a few days from Q3 financials, I am looking back a bit when John Fowler was on Midas Letter last fall, I remember very clearly John stating that "ALL PRODUCT IS SPOKEN FOR" for the next few quarters. To me that means all quarterly production will be sold in every quarter. Now for the math part. The stated run rate in Q2 was going to be 13000kg, hope they got to that number. I will use 13000kg as the true anual output for Q3. So 13000kg divided by 4 quarters is 3250kg/quarter. For Q3 fire could/should have sold 3 250 000g @ 6$ or 19 500 000$ worth of product. They of course could have had production problems so reduce that by 25% just in case... we should see revs around 15 000 000$ or over 100% increase from Q2. Hoping I am on the low side. What say you?
Comment by
buddalover on Apr 25, 2019 10:00pm
I like lowballs, hang loose dudes.
Comment by
George141 on Apr 25, 2019 11:02pm
..I like your math Leo...looking good...my money is with Supreme..
Comment by
George141 on Apr 26, 2019 10:56am
$6..dollars a gram...where?..oh better wait... don't tell me , they will beat the door down...I heard it goes for double that...and more..