Replies to post #8799 on Kentucky Energy (fka QMIN)

[Pedro2004]

cdnkid10

Re: lets figure out the future revenues of QMNM using a 10% raw coal to clean coal conversion!!!


best to use 20% because the PO stipulates:
Cleans tons = Raw tons minus Ash % minus 10%




Re: Now if my calculator is right, the revenue numbers are still in excess of $400,000,000!!! What does your calculation say? And just think, the doggone stock is trading at .0161 per share!!!

But the $400 million dollars is revenue.
You need to subtract costs and then base your "huge potential" on net revenues _ not gross revenues!

What would be the net revenues?