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tigerpac

08/08/17 12:10 PM

#38556 RE: Davis_Elite #38554

500 times 100k equals 50 MILLION!!!



While that would be nice I think you forgot about the discounts from published market prices.

with a discount of 40% from the market price at the time the Phase I execution plan is published

.

Discount is smaller each time offers are made available. Plus 18-24 months before final master plan approval if I'm reading this correctly.

uksausage

08/08/17 12:39 PM

#38559 RE: Davis_Elite #38554

but only $500,000-$1,000,000 upfront this year and the remained when lots ready - 24-36 moths time?

Depends on your timeframe. Selling lots now will not benefit the company short term only farming will do that