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Libre

06/24/15 5:55 PM

#71786 RE: Watts Watt #71766

I don't know about higher math, and don't have time now to put pencil to paper (though if it's important I'd be glad to do so at a later date), but I don't think the $11.50 has anything to do with LQMT revenues.

I haven't seen anything written, or heard anything on management calls to support or refute my thinking on this but ... it is my belief that the customer buys the raw material from MTRN, we process it, and then we get paid only for our value-add steps (whatever they may be).

Moving past my opinion though ... It would most definitely not have anything to do with LQMT BE. Simply, the $11.40 would be a pass thru.

Ok ... All that said ... What I think ur asking is ... How many shots per year will LQMT have to process in order to achieve BE.

I don't know for sure but have put pencil to napkin on this in the past and, based on at least 5 assumptions, I get a BE of 300,000 shots per year.
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hnybdgr1

06/24/15 9:41 PM

#71797 RE: Watts Watt #71766

Roughly 1.25 million shots to break even. We know that won't happen this year seeing as the CEO said as much in the last CC. We'll see how many contracts roll in over the next year and see where we're at then. Probably going to take at least 3-5 contracts to get there would be my guess... Basically comes down to whether our sales team can push the product at this point.