Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The future is bright with DVRG. At present MCAP this company represents an amazing investment opportunity. Regarding the end goal, and potential sale, i dont think the company as is would be sold. I think that any would-be-buyer would either want labskin/skin trust OR pathogen detection/water monitoring.
There is also the data we already have and the data we will acquire from skin trust. That data is valuable and i can see DVRG selling that off to recognise maximum value PRIOR to selling either of the components.
It is possible that DVRG will spin off the components of the company ORPH style so that each component has its own dedicated management team.
It's very early days, but i see the company being sold in the future, but hopefully for a lot more than £300m. We could see that MCAP in the not too distant future should the chinese JV, skin trust and PD/BT take off, capturing the imagination of investors, both PI and institutional.
We may well be at the early stages of DVRG becoming THE water monitoring company. The pandemic has highlighted the need for waste water monitoring and we are almost ready to give the governments what they want. JV, like the one in China, will be necessary as there is no way little old DVRG (as it is at present), could possibly manufacture at the scale required. But many JV's on different continents allow us to scale the PD to suit the worlds need. We will get a decent slice of potentially billions, as opposed to the majority share of "only" millions
And that just PD. BT, skintrustclub and labskin are all well positioned to become behemoths in their own right.
The next 6 months or so will be massive for the future of this company. All imo of course, but i am very confident :-)
Totally agree I did a similar calculation and the wage bill will need to be covered by revenue, 10m will be easily eclipsed for this year more like double really excited for the next couple of years and by then GB has stated he would like to sell the company hopefully for nothing short of 300m.
Glebewhite, exactly the high skill, high pay, and secure jobs, that any government would love to be attracting. Hopefully decent support package has been offered to bring them to Cork...
Ok so if there are 60 new high-end jobs created in the new facility, let’s say an average of 50k per year including employer contributions pensions and all the rest (that’s just a guess nothing scientific about it at all)
Multiply that 60 by 40 and the total is £3 million! Wage bill.
Say the wage costs run at a staggering 25% of turnover that would give a revenue of £12 million from the Cork facility alone, Staggering.
I am no mathematician and worked this out on the back of a fag packet but it is a reasonable foundation to work on do you think?