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es1

07/10/18 9:45 AM

#140469 RE: TRUISM #140467

Whats Ben got to say about the 50m Truth? I didnt get an answer (which is not like Ben) But i am curious what he has to say about the COO talking about info we dont have
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bananarama

07/10/18 9:47 AM

#140470 RE: TRUISM #140467

Great stuff, Truth....I can see why news regarding KBLB is spreading quickly in Vietnam. I am also sure there are many folks who would want to invest in KBLB there. Everything bodes well and brightly for KBLB's future in Vietnam!
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EOT

07/10/18 10:24 AM

#140477 RE: TRUISM #140467

It’s not just Kim anymore.

He now has an entire country and it’s government involved in his Spider silk. And they enjoy sharing information to the country folk. Which is the way it should be!!!!

So Kim just better get used to being a lot more transparent. Because now he doesn’t have a choice in some matters.
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Lebbe1

07/11/18 7:57 AM

#140601 RE: TRUISM #140467

Thanks Truth, now let’s hope US & international press gets this information as well in order tonsmread this info ‘internationaly’
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DimesForShares

07/17/18 5:04 PM

#141009 RE: TRUISM #140467

The scale of the operation...

The many news articles that TRUTH found indicated that KBLB is interested in 2,000 to 2,500 ha of land for mulberry production. That got me interested in what quantity of silk could be produced with that acreage.

Answers were not easy to discover, but it appears that one needs approximately 5 ha of land for each metric ton of silk produced. Let me stress this is an approximate number. It depends on the variety of mulberry tree grown, weather conditions, variety of silkworm, and so on. The true number might be 10 ha/metric ton, but it should not be 100 or 1000.

A quick bit of math gets us to an annual silk production estimate of around 400 metric tons of silk/year. Currently Vietnam produces about 520 metric tons/year, so KBLB's plans will approximately double the amount of silk produced in country.

For some reason, KBLB evidently has good reason to believe the demand for their engineered silks will ramp up to 400 metric tons/year. Sales at a conservative $50/kilo would be on the order of $20 million/year.

Again, all estimates are approximate and may be off by a factor of 2 or so. It's hard to know what the market will bear for DS, MS, etc. If KBLB can get $100/kg, sales would look more like $40 million/year.

Now if we only knew who wanted all that silk and was willing to front a measley $50 million to get us started...
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King Bolaba

07/20/18 5:54 PM

#141166 RE: TRUISM #140467

Very thorough list TRUTH. Thanks for that!