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The Paraclete

09/05/20 9:42 PM

#200618 RE: joshuaeyu #200613

Josh, I don’t know how much money a single machine can generate. But Steipp once told me that two machines running 24/7 could generate a profit for the year. He mentioned no numbers, but at the time, LQMT had an annual cash burn of $8 million. So I assumed that two machines would generate revenues in excess of $8 million a year. And back then they did not have the capacity to make as many parts from a single mold, in one cycle, as they do know. So I would expect that today, two machines running 24/7 would bring in well in excess of $8 million a year. Therefore, 12 machines should be capable of generating revenues in excess of $48 million a year. That’s pretty close to the $50M estimate posted previously.

Of course, that’s based only on what Steipp told me. Do you have info that will point to a different figure?