InvestorsHub Logo

es1

Followers 153
Posts 16535
Boards Moderated 0
Alias Born 07/13/2009

es1

Re: TRUISM post# 72773

Saturday, 04/05/2014 10:58:31 AM

Saturday, April 05, 2014 10:58:31 AM

Post# of 278616
Our first hint...

That work is scientifically sound, but with production costs that could exceed $100,000 per kilogram, it is difficult to see how these programs could capture a significant part of the textile market. Kraig is able to produce its genetically engineered spider silks, including Monster Silk™, at less than 1% of that cost.


There is our first look at our costs.
Less than $500 a pound.
So the costs of our silk is under $10000 a ton. High grade silk is about $60000 a ton. So we will be better than 60% Profit margin.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News