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  #21  
Old 06-27-2022, 02:22 PM
ManInTheWaLL ManInTheWaLL is offline
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Originally Posted by longbow62 View post
The 40 million was across the whole company. Looks like they were shooting for half billion in sales this year company wide.

Bottom line is a company is going to make a profit or they won't won't stay in business. Minelab has way more resources than anybody else from what I've seen. They are a big player in gold detection. counter-mine detection, and recreational detectors. They sell plenty of detectors to stay viable. 3 buddies and including myself= 10 Minelab detectors purchased in a small area of N.E. Arkansas. There is a officer in town that stopped and talked to me. He said he had an Equinox. I went to a golf course refurb in Memphis 4 etracs there and 2 Equinoxes, and we were there at the tail end of it.
I still wonder what percentage is commercial/military.

It takes a lot of units produced to make $ on the consumer market. On the other hand, if you are the only one making the product, selling it to a government, thats a lot more profitable, plus they always order 10X handles at inflated prices, etc.

I wonder what company makes mine detectors for China.
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  #22  
Old 06-27-2022, 02:37 PM
jmaclen jmaclen is online now
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Originally Posted by ManInTheWaLL View post
I still wonder what percentage is commercial/military.

It takes a lot of units produced to make $ on the consumer market. On the other hand, if you are the only one making the product, selling it to a government, thats a lot more profitable, plus they always order 10X handles at inflated prices, etc.

I wonder what company makes mine detectors for China.
You do a lot of wondering.......

Try doing some research instead of dumping a lot of stuff in this forum. The answers are available.

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  #23  
Old 06-27-2022, 02:47 PM
ManInTheWaLL ManInTheWaLL is offline
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Originally Posted by jmaclen View post
You do a lot of wondering.......

Try doing some research instead of dumping a lot of stuff in this forum. The answers are available.
I see, so... we should not ask any questions?

Your cheap Ad Hom attack is noted!
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  #24  
Old 06-27-2022, 03:44 PM
tnsharpshooter tnsharpshooter is offline
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I see jamaclein has found him a new buddy.
Thatís good.

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  #25  
Old 06-27-2022, 03:59 PM
ROBOTCOP13 ROBOTCOP13 is offline
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Africa and Australia are probably the 2 biggest markets for Minelab's gold nugget machines, top of the line machines.
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  #26  
Old 06-27-2022, 04:21 PM
jmaclen jmaclen is online now
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Originally Posted by tnsharpshooter View post
I see jamaclein has found him a new buddy.
Thatís good.
Just never know who or what will get posted on this fine forum.

Thought I was on your permanent ignore listÖ.like MITW is on mine.

Love the Deus 2, Legend and the Equinox btw all for different reasons/weaknesses.

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  #27  
Old 07-07-2022, 03:15 PM
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Porsche914 Porsche914 is offline
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I would bet that the security sector is a huge part of their business and probably more profitable. Think walk throughs and security wands.

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