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Re: TrendTrade2016 post# 31

Sunday, 11/26/2017 7:19:19 AM

Sunday, November 26, 2017 7:19:19 AM

Post# of 1150
From what I understand initially 10 tons a day and then 50 by YE. So let’s do math:

just one ton of E-waste will yield approximately 1000 grams of gold, with a value, subject to gold price, of $38,500

Ten tons = $385,000 a day

MWX share is 20% = $77,000 a day

A week w/5 days = $385,000

A year w 52 weeks = $20million / year

If MWX trades at 12 x Revenue then share price = $0.87

If MWX trades at 24 x Revenue then share price = $1.74

How did I do gents? Thoughts?