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Re: jaybiscuit post# 58784

Wednesday, 06/24/2015 2:04:56 PM

Wednesday, June 24, 2015 2:04:56 PM

Post# of 232835
Steipp told us that LQMT needs revenues totaling USD 20 million to break-even. I believe Tony Chung stated that the target gross margin is around 40 per cent. Our current cash burn is about 2300-2500 per month, I am estimating.

I am trying to figure out how many shots of material at 11.40 per shot LQMT needs to produce on its machine (s) to reach break even.

Could someone good at higher math take a stab at this?

Libre? DMN? Oracle?

Seems like a good way to waste away the rest of this trading day.

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