I couldn't disagree more. This is crunching the key numbers, which is essential to the viability of any project. The fact that, as you've pointed out, there are other costs involved in such a project is hardly a revelation. I'm sure Ken is well aware that you have to pay rent on a premises and actually pay electrical installers etc - they don't work for free. But these one-off and on-going costs will not amount to 2.3Million dollars so if they haven't been factored in we will still make a huge profit. If they have been factored in the entire amount will go to shareholders.
Take your blinders off for a minute. Now tell me how operation costs aren't
key numbers. How do you release a profit forecast without any consideration for these costs?
Now I really despair when Ken updates us with something like this and people say it's useless and unrealistic. Says who? What do you know anyway shaofis? I mean really, what do you know about Ken's premises plans or his electrical contractors? Absolutely nothing. If you are concerned about other expenses impacting on this profit line why not ask Ken if he can clarify? Why is your first reaction so dismissive? I'll tell you what if I were Ken and this is the reaction I got on here constantly, everyday, I wouldn't spend much time on here. Would you?
btw - you are right about the operational side of this project and I was about to post on that very topic.
Fair Point... but that is the point isn't it? There is no reason to withhold operational plans if he had any. There is especially no reason to release forecasts excluding these costs. Let's go ask AsicMiner how insignificant the operational side has been.