I know that you're only performing the calculations that the...

I know that you're only performing the calculations that the other poster asked for but that's way off in my opinion. Sigma sells product at an absolute premium due the tiny quantities involved. I'd point you to the DTZ announcement:

http://www.asx.com.au/asxpdf/20170726/pdf/43kwbzbnh2j76k.pdf

As part of this process and following queries from investors, Dotz Nano has sought to further explain the meaning of ‘reputable third party’ with respect to the milestones attaching to the performance based securities Dotz Nano has on issue:

• For milestone 1 (production and distribution of 20kgs of GQDs via offtake or commercial samples with a reputable third party), reputable third parties are suppliers to original equipment manufacturers; and

• For milestones 2 and 3 (production and distribution to reputable third parties via offtake for 50kgs and 100kgs respectively), reputable third parties are those whose offtake arrangements result in A$6 million and A$12 million in revenues respectively.

So from my perspective milestone 1 equates to ~$2.4m where they might miss out due to timing. Milestones 2 and 3 look easily achievable if they can convert tier 1 interest into sales.