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Replies to #6677 on NNRF Inc (NNRI)
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Batscam

05/02/08 6:35 PM

#6683 RE: driven123 #6677

How about the company starts helping the shareholders?

How about press releases that are based in fact, starting with WHAT IS THE DOLLAR VALUE OF THIS ORDER?


On another board we saw the same type of releases.
We took the atomic weight of the material used and determined the raw material costs for the product.
We estimated labor and processing charges then added 50-100% overhead.

My estimate was ~$15K-20K per metric ton, another poster estimated $50K per ton based on the density of the after mixture as opposed to the raw state.

In the end, the material came out priced at $30K per metric ton.

Of course while we waited for the SEC reports, the pumpers were claiming it was millions of dollars per ton.