Zentek Ltd (ZTEK)

[turnert]

"Revenue stream of 100 mill? Try Gross Margin of 240 mill. That's already set up with the contracts to buy enough GO for 3 billion mask equivalents over 6 months. Do the math @ 4 cts a mask. (Zen gives a range of 3-6 cts a mask) The contract is a 6 billion annual run rate. 6 bill times 4 cts...... 240 mill Gross margin (not Rev, Gross margin) If we assume a 50% margin, Rev would be about 480 mill.... Market cap is therefore approx 1 times sales of masks/mask equiv line. Nothing yet said of the spit test contribution, which was said to be out 1st qtr. (another Line) Treatment silver/GO Line prob will take a year or more, but de-icer stuff, maybe a year. Then there is the Biggie.... fuel additive... 2-4 years??