MSEED, Great post and exactly what I thought. I don't like calling others out but agree with everything you said. Best of luck to you and all of us holding GBDX.
Even if you half the expected revenue to $12 million or $1 million per month, you end up with $0.12 (8 bagger from .015)
Even if you double the number of shares outstanding to 800 million, you end up with $0.12 (8 bagger from .015)
Even if you half the profit margin to 20%, you end up with $0.12 (8 bagger from .015)
Even if you half the revenue to $12 million AND you double the number of shares to 800 million, you end up with $0.06 (4 bagger from .015)
Even if you half the revenue to $12 million AND you double the number of shares to 800 million, AND half the profit margin to 20%, you end up with $0.03 (2 bagger from .015)
So if the company announces sales of $10 million just for November & December of 2006, they will only have to sell another $14 million for the next 10 months to arrive at abouve figures or $1.4 million per month. This seems very doable for the highly touted Russian diamonds.
This analysis ignores any other sales that has been rumored they have.
excellent DD MSEED, esp to the net profit. Profits from OUR source, Russsia, I personally believe are higher than quoted on the board so far. MSEED's post is a keeper!!
$2800 x 698 = over $1.95 MM if so, 1 million could be NET income on a 100% sales markup after cost.
Most important is the bs posts of what people think the value is of the shipment. 698 carats @ +-$2800 a carat for rough cut; and $4300 a carat for finished stones is more accurate. Net profit increases with smaller stones per volume basis