MEM
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Ann: FELIX verification and validation update, page-32

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  1. reon1
    1,540 Posts.
    lightbulb Created with Sketch. 511
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    21/11/20
    18:32
    Post #: 49041617
    If they manage full capacity sales:

    26,000 cassettes per year.

    @ $150ea and 65% GM is 2.5m gross profit. Maybe breakeven.

    @ $250ea and 80% GM is 5.2m gross profit. Maybe few mil EBITDA.

    Looking forward to MEM giving some visibility on pricing and margins. Hars to know whether we are getting a bargain at current SP or not.
    MEM Price at posting: 12.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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