Since we have no professional anaylst evaluating this stock yet, here is my valuation. This market is going to be very complicated to calculate valuations since it is a merging market. This is just one of my humble projections. Many other factors affect stock price and this could be lower or higher than my calculations. Just waiting on that revenue news. GLTA
current cost/gram = $13,000
percentage of current cost that QMC sets their price = 10%
Assumed QTMM sale price/gram = $1,300
production per/yr in 2014 = 12,250 kg (Assume 2 kg/hr achieved with larger reactor per 10Q, plus small reactor at 250 kg/yr. Note: This is equal to Nanoco touted production capability of 1000 kg/month)
Assumed shares issued = 215,000,000
Total revenue if all sold = $15,925,000,000 (One estimate for 2014 is around $670 million. I think this is wrong if production can support higher.)
Estimated market value = $670,000,000
Assume they capture 25% of projected market in 2015
Revenue at 25% market captured = $167,500,000 (I think they might capture a larger portion of the market.)
Assume 15% profit margin
earnings in 2015 = $25,125,000 (I believe they should set the profit margin higher, but not sure of their price point and operating cost. This will also affect the revenue value.)
P/E ratio for startup = 30
Share price calculated = $3.51
If profit margin = 15%
Market share = 50%
Share price = $7.01
AI
