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Re: holisticsolutiongrou post# 1730

Thursday, 04/17/2008 12:57:07 AM

Thursday, April 17, 2008 12:57:07 AM

Post# of 83142
I think the numbers are a reasonable speculation. It is difficult to know what the earnings multiplier will be at that time. Also the production factor increase is not clear, but using 10 seems conservative. So there is some conservative speculation in the math, and I agree with the math.
As to the numbers--
1 Kg = 2.2 lbs
1Kg = 1000 gms
1 oz = 28.35 gms
1 troy oz = 31.1 gms
therefore 1000gms/28.35 = 35.2 35.2 x 450 = 15,840
1000gms/31.1 = 32.15 32.15 x 450 = 14,467

As you can see calculation only varies slightly depending on which ounce is used. But with the speculation built into the calculations, the difference is insignificant. Basically, measuring with a micrometer, marking with chalk, and cutting with an ax.