06-08-2010, 01:39 PM
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Mainstream since 2010
Industry Role:
Join Date: Jan 2003
Posts: 1,327
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Quote:
Originally Posted by leedsfan
At least two tonnes of cocaine with a street value of some $1bn has been seized in The Gambia, bound for Europe.
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Quote:
Originally Posted by media
I don't get how they can calculate the value at $1 billion... 814 kilos is worth roughly $16,280,000 - $20,350,000 based on a wholesale price of $20,000 - $25,000 per kilo which is pretty fucking high.. you could get it much cheaper in that kind of quantity.. Street value is roughly $30-40 per gram.. which comes out to $24,420,000 - $32,560,000 if you sold it 100% pure..
even at $100 a gram which is fucking rediculous, that'd be 81,400,000
to get $1,000,000,000 you'd have to cut that shit:
13:1 @ $100 a gram
31:1 @ $40 a gram
41:1 @ $30 a gram
just stupid to me their calculations...
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2 metric tonnes = 2000kg
Street price in Sweden is about $100/gram with a purity of about 20-50%
Worst/best case = 2 000 000 * 100 / 0.2 = $1B
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