Price Collapse ! Referring to the sales blurb f
Post# of 22445
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Referring to the sales blurb for this report:
"CQDs are currently priced at close to $250 per kg and are expected to fall to $75 per kg in few years."
So much for the Billions of Dollars a year potential income/profit and resultant valuation we all have been joyously touting all along!
QTMM's capacity of 4,000 Kg /year output @ $250 adds up to just $ 1 Million income. At $75, only $ 300,000. That's before expenses.
IIf that's not a typo, We're gonna need a lot more reactors...
SA John
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