Thanks Wymont - Continuing on:
Even a middle school kid should know that diamond is just carbon subjected to significant heat and pressure, right? The current methods of diamond manufacturing both use that formula. Just in different ways. It takes weeks to months of high heat and pressure using these methods. The energy required to do so is substantial and still they can be produced cheaper than mined alternatives.
We all know we can continue to improve on technological processes. We see it everyday. So why should it be a surprise that someone has found a better way to create diamonds. ALL CTDT does is find a newer, more efficient way to apply that heat and pressure to carbon. The new method is much more efficient and reduces energy consumption exponentially.
While the initial energy expended is a significantly higher number in the short term vs. other methods the energy expended over weeks to months by the these other methods is ultimately much greater. Collapsing the magnetic field is done in an 800th of a second. A lot of energy but a really short time span.
While I am not going to go through the entire math process just look at it in these terms: Suppose the CTDT process takes 800 x the energy at the production point (800th of second). For ease of figuring lets assume it takes a full second instead of an 800th of second. There are 86400 seconds in a day. So CTDT uses 800x in 1 second. The other process will use the same amount of power (800x) in 800 seconds. But it will take the other process 86400 seconds x two to four weeks. As you can see the CTDT processes energy use is a small fraction of other methods. NOTE: I am not saying the difference is 800 times I am just using it as an example. If it were 2000 times or 500 times the math and the conclusion would still be the same.
It takes a minimum of 725,000 lbs of pressure per square inch at 2000-2200 degrees farenheit to start turning carbon into diamond. The energy to produce that over a 2 week period is enormous. It really just takes basic math skills to understand the vast difference in price point for production.
And for those concerned about the amount of power, Mr. Snaper and company understand they need a significant amount. Mr. Snaper talked years ago about needing to upgrade the electrical capacity of his warehouse or move to a new location before they brought in machines.
Speaking of machines and cost. They also know they will need clean rooms and were planning on building their own machines. Actually Mr. Snaper was planning on building the machines but that was several years ago. My guess is he will just provide oversight at this point. The good news is they are actually making a good business decision - rather than try to make the warehouse work they are planning on a facility that is designed to meet the needs instead of forcing the old location to work.
The machines will be built to Mr. Snapers specifications which make them more efficient than the machine they are using which was not built for their purposes. He estimated a $300,000 price tag per machine at the time.
One last thing to consider - Why would Alvin, Chas, Delisle and at least one other un-named person dump a few millon dollars and counting into a penny stock that they never pumped? They only have two true means of getting their investment back. 1 - they can pump the stock and dump at high prices which they have not done or made any attempt to do over the last 7 years.2 - They know they have something that is going to reward them with a substantial return based on the potential of the company. Really - this is the only way they get their money back. Either they make it work or they pump and dump. But they had the perfect opportunity to pump and dump when the stock spiked to $1.00. Instead of building on that they showed restraint and sent out limited news that might inflate the price. With so much invested that was a major risk on their part. Yet they did it. I can find no other reason for this other than they believe in the product they are looking to produce.
Like the old adage is "where there is smoke there is fire". Management is all in on this - for me that is part of the smoke. And long as they are in then I am in with them waiting for the fire. If they fail they will lose a lot more than what I have invested.
