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Who gives a toss about the gap! Lets talk fundamentals!, page-19

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sylau90

362 Posts.

16/05/17

09:14

Post #: 24708555
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Originally posted by skyscraper99 ↑

They use the term unit, and I spoke to someone a while back who confirmed 1 unit is 1 cubic foot,
but again with your calcs, if 3100 cubic foot is needed for 1 ship, then times that by 70 is 217k cubic foot at $400 per cubic foot that is $86.8 mill

Although I see in the March quarter they claimed they sold 1644 and got $400k which then works out to be $243 per cubic foot, I would like to get one of them down face to face to sort out the chaff from the BS but none of them would.

Absolutely huge potential but they need to show us and the market they can land one deal,
Land one contract and this will be off, at least they gave us some more detail on these hoped contracts so have to assume they are closer,

The navy contract is worth more than twice the current market cap in revenue, and should see sp at $1.50 or more, but they need to deliver.

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Anyway, the latest we gonna wait is may 2018.

CFO Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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