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Posts | 2017 |
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Alias Born | 12/09/2013 |
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Monday, August 24, 2020 4:09:23 PM
Back in the days when I had frequent conversations with the former CEO, I was told that the CoNextions device was produced at a cost savings to the customer of about 50% over SS parts made with CNC. And the price at which LQMT was selling the part to CoNextions included "a handsome" markup.
What that markup was, I wasn't told. But my sense is that the profit margin on BMG parts is high because the cost savings to the customer, including LQMT's profit, is substantially below production costs using crystalline metals and other than injection molding manufacturing methods.
Anyway, I'm not going to count my chickens just yet. One reason is that I'm terrible at math, and I have difficulty counting past a million..
I am The Parakleet of Kavorka, the Angel of the bottomless pit.
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