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bizops12

03/05/19 10:38 AM

#34277 RE: Venture_Cap #34276

I would too VC - Snaper talked a lot about the margins and how good they were and the fact that the power consumption was the biggest reason. I am not sure he even knew exact numbers at the time. They should know that now. He was talking margins that were 80% better at least (that his how he put it). They should have a solid number now that measuring is figured out and they are ready to go full scale. I also agree that once this thing is proven that interest will not grow but explode. Probably be suitors that we never thought about or are not even aware of.

This article https://www.reuters.com/article/us-diamonds-debeers-synthetic-analysis/lab-grown-diamond-prices-slide-as-de-beers-fights-back-idUSKCN1OK0MQ says cost to produce a lab diamond is down to about 300.00 per carat. If CTDT is at 80% that would mean $60.00 per carat. Crazy difference. If you figure a chip will probably take less than a 10th of a carat (maybe lots less) you are only looking at $6.00 per chip before markup. While the cost to manufacture a chip may be a little higher still I think the speed, cooling ability and subsequent power and size advantage will be well worth it. Cost will go down as they bring in economy of scale as well.