Sunrise Energy Metals Ltd (SREMF)

[drobx]

Wow, that was weird. "If we assume a 1kg reduction in weight saves $1,000,000 over the life of the aircraft ... ." The point is to justify the claim, not assume it. Basically the guy just did the same back of the envelope calculation I did and come to the same very implausible conclusion: that each additional kg of weight adds $50 in fuel cost to a flight. If this were true then they would be better off flying without any passengers. As to how much this impacts my assessment of Clean TeQ as an investment, at first I was thinking none because this is just the work of some IR guy. But then I think, is it possible that their actual economic projections are as ill thought out as this?