Replies to post #14614 on NaturalShrimp Inc (SHMP)

[Running Q]

Using $6 per lb numbers get even better:

300,000 lb per facility
.0067 eps
.134 pps using P/E of 20

500,000 lb per facility
.0111 eps
.223 pps using P/E of 20

Again, this is with only 1 facility!!!

[Cherry]

Q I agree 100% The smart Big Companies will pay to own this Patent and multi Dollar's is what it will sell for expectations are Huge here i see a dime coming next week.

[JoshTaeger]

My (new) numbers, FWIW...

Annual costs @ $6.90 per lb based on:
312,000 lb per year harvested and sold
Building @ $1M for mortgage or rent plus RE taxes
Personnel @ $500K for 10 people @ $50K (wages and fringes)
RAS @ $396K for $2.5M financed at 10% over 10 years
Misc @ $250K

$2.1M over 312K lb = $6.90 per lb.

I think RAS needs to be included at my understanding of the "retail" price of the equipment @ $2.5M, even if SHMP might get a discount. That way, these numbers apply to everyone.

Sales @ $12 per lb = $3.7M

EBDITA $3.7M - $2.1M = $1.6M per year or $5.10 per lb

Obviously, higher price per lb and/or more lbs = more revenue.

270M shares OS, so EBDITA EPS = $1.6M over 270M = 0.006 per share

I like P/E of 20, too, so share price at $0.12 based on a single facility; right where you are.

The patent value is anyone's guess.

What needs to be looked at still are start-up costs of all the new facilities: Installation of equipment, testing, and initial fill of water. I don't think 1.6M gallons of water in LV is going to be cheap. It will be much much cheaper everywhere else.

My estimate for the building is based on buying existing or leasing existing. Not sure building new would be any different.

[Cherry]

100% Correct