Q: Good day gentlemen,
I know this company recently reported earnings. Can you comment. Can you tell if there is a significant cash burn? Also do you put much stock in the fact that they will have production capacity of 5000 kg in a few months; 15000kg in 6-12 months. With a sale price of 8-10$ per gram, that is 50-150 million in revenue.
I know this implies many assumptions, not the least of which is the attainment of a sales liscensce, but if this scenario was to transpire can you surmise a possible stock price at this revenue level.
It appears that the 5000kg milestone will be financed through shareholder capital as is a good portion of the 15000 milestone. (28 million in cash).
Does this potential capacity as well as their pesticide free production distinguish them from the majority of the players in this business?
I know this sector is not your preferred but I would appreciate your opinion.
Thx
I know this company recently reported earnings. Can you comment. Can you tell if there is a significant cash burn? Also do you put much stock in the fact that they will have production capacity of 5000 kg in a few months; 15000kg in 6-12 months. With a sale price of 8-10$ per gram, that is 50-150 million in revenue.
I know this implies many assumptions, not the least of which is the attainment of a sales liscensce, but if this scenario was to transpire can you surmise a possible stock price at this revenue level.
It appears that the 5000kg milestone will be financed through shareholder capital as is a good portion of the 15000 milestone. (28 million in cash).
Does this potential capacity as well as their pesticide free production distinguish them from the majority of the players in this business?
I know this sector is not your preferred but I would appreciate your opinion.
Thx