Jade Art Group Inc (JADA)

[atco1982]

What if they sold maximum ? -

As in my prior post, if they could sell the government maximum of 40,000 tons/yr, at the current sell price of ~ $2,000/ton, all other metrics being similar to today, they could make ~ $50M/yr. (0.60/share and at a PE of 5 = 3.00 stock). But you can't find customers for all of that jade (3.5 times last years volume). So acquiring a carving and retail sale company is the way to growth and even higher margins, as if current margins of 60% aren't high enough.