Tuesday, February 11, 2020 10:01:54 AM
I understand your theory... although I was looking at it more from the angle of company valuation. So, if our revenue stream becomes one of a royalty type, then yes, operational expenses are lower, however we still need to reach a Market Cap of $372M CAD to have a SP of $1 CAD.
How many units will we have to sell (or at least have commercial contract for) for our value to reach $1 SP? We are a long way off $372M MC as we sit today.
Don't get me wrong, I think once we get going and start solidifying more contracts, then yes our MC will grow quickly, I'm just not sure how fast out of the gate it will grow.
I think we are going to need a very big commercial contract to be able to move the MC up to $372M CAD.
[I use 372M, as that is our OS count].
NHR
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