OK fair point. I’ll elaborate. I think that a DCF model of anything as speculative with such a wide range of outcomes as this company is an exercise in futility

OK fair point. I’ll elaborate. I think that a DCF model of anything as speculative with such a wide range of outcomes as this company is an exercise in futility. Yes you can build such a model but it is so dependent on your assumptions that it’s pure GIGO. Having worked a long time in finance, I am confident that any sell side model of this company starts with the valuation as the input and then dcf assumptions are built to arrive at that number.