EdenCrete Selling Price, page-2

Thanks MB.

I did a quick valuation using a revenue multiple.

Assume the revenue multiple is 3, the exchange rate is .75 and 2.4 million gallons production starting in 9 months.

2,400,000 x US$25 x 3 / .75 = A$240 million.

Or simply, each gallon of production (assuming all production is sold) is worth A$100 to EDE's market valuation.

A revenue multiple of 3 is modest for a (potentially) high growth, wide moat company.

In the above case, 10 million gallons of production will add $1 billion to EDE's market valuation and so on and so on.