country

Iceland
Sweden
South Africa
India
Canada
U.S.A
UK

exchange rate / USD -> local currency (october 2016)

110.94
8.95
13.51
66.73
1.34
1
0.8

The building cost of a factor

This is then multiplied by th
relative to the USA.

country
building cost per m2 / USD
Iceland
3,319
Sweden
4,127
South Africa
2,495
India
1,222
Canada
5,583
Cost per square metre to build a domestic airport in the given country. A quant
U.S.A
3,620
comparing infrastructure building costs, the most useful and comparative
avail
UK
4,184

factory cost / local currenfactory cost / USD Cost of two laser cutters / USD
54,554,971
491,752
76,000
5,472,962
611,504
76,000
4,994,890
369,718
76,000
12,083,489
181,080
76,000
1,108,594
827,309
76,000
620,000
620,000
76,000
573,277
716,597

ding cost of a factory has been estimated at $620,000.

hen multiplied by the cost to build in that country
to the USA.
No data could be found for Sweden and Iceland, so their buidling costs have been estimated to be si
the UK in the 'personnel' section
relative to USA / USD
0.793
0.986
0.596
0.292
1.334
ven country. A quantitave method of
1.000
nd comparative available.
1.156

Cost of two polishers / USD Cost of (avg) one CVD machine / USD
10,000
350,000
10,000
350,000
10,000
350,000
10,000
350,000
10,000
350,000
10,000
350,000

ave been estimated to be similar to that of the wage difference to

Initial investment (one CVD machine) /USD cycles till break even
927,752
1,047,504
805,718
617,080
1,263,309
1,056,000

59
70
55
44
89
92

years till break even Investment with 4 machines / USD

0.563
1,977,752
0.671
2,097,504
0.530
1,855,718
0.417
1,667,080
0.850
2,313,309
0.879
2,106,000

It should be noted that the more machines one

personnel would be needed to operate them. I
buy multiple polishers and laser cutters too, so
operation halting due to malfunction and to inc
would set back the time frame until profitabilit
excessively.

years till break even

0.300
0.336
0.305
0.282
0.389
0.438

Investment with 8 machines / USD

3,377,752
3,497,504
3,255,718
3,067,080
3,713,309
3,506,000

It should be noted that the more machines one acquires the more
personnel would be needed to operate them. It would be sensible to
buy multiple polishers and laser cutters too, so as to reduce risk of the
operation halting due to malfunction and to increase capacity. This
would set back the time frame until profitability somewhat, but not
excessively.

years till break even

0.256
0.280
0.268
0.259
0.312
0.365

Country
Cost of electricity / US cents/kWh
Iceland
Sweden
South Africa
India
Canada
U.S.A

5.54
6.00
8.46
9.00
10.00
12.00

All Costs in United States Dollars (USD)

cost of E per machine per cycle total cost of seeds per cycle
93.07
5
100.80
5
142.13
5
151.20
5
168.00
5
201.60
5
Calculation based on the dialogue between
Calculation based on the
myself and Dr. Naoji Fujimori of the EDP
information given by P. May
corporation. "The price of 540p/lot is $180.
that a CVD machine uses 20
-1
This price would be reduced with the
kW h electricity for 3.5 days
quantity increasing."
(84 hours).
These seeds are too thin to be recycled.
15 seeds would be used (on average) per
cycle due to their relatively large size of
"Dimension:8x8x0.15-0.22mm"
365/3.5 roughly = 100 (104) (underestimate
to allow for holiday and machine
malfunction/repair)
100 x 15 = 1500 per year per machine
(180/540)*15 = $5 for seeds per cycle.

Methane
Methane with university discount (25%)
Hydrogen
Hydrogen with univeristy discount (25%)

etween
EDP
$180.
e

led.
e) per
e of

H2 per cycle

CH4 per cycle

77.54
1.73
77.54
1.73
77.54
1.73
77.54
1.73
77.54
1.73
77.54
1.73
A high pwer MW reactor typically uses 5 mL of methane and 500 mL
of Hydrogen per minute. Average cycle time = 3.5 days. Therefore
consumption / cycle = 3.5x24x60 x Volume of gas used in 1 minute
= 5040 x 0.5 (Litres)(H2 ) and 0.005 (litres Methane) = 2520 and
25.2.

estimate

ne
le.

Price of gas / GBP

Price of gas / USD

697.20
522.90
3,329.40
2,497.05

Figures retrieved from BOC group sales team / November

2016.
Methane is bought at lab grade (99.995%) purity in a
12.40m3 container at 200 bar, equalling 2,480,000 litres at
room temperature and pressure (rtp).
Hydrogen is bought at chemically pure (99.999%) purity as
a 'Bank' (15x8.8m3 containers) at 200 bar, which equates
to 26,400,000 litres of Hydrogen at rtp.

850.58
637.94
4,061.87
3,046.40

personnel costs per cycle

electricity for polish & laser cut per

2,271
6.39
2,824
6.92
1,717
9.76
276
10.38
2,545
11.54
3,048
13.85
d 500 mL Wages were estimated as if the
the polishers and laser cutters being
The Gemological Institute of
erefore
job was based in the United
considered for use can polish 4 America (GIA) can certify a
1 minute Kingdom, so a conversion to the
stones at a time and cut 78 stones
diamond. Research would
0 and
average wage of a country to that
an hour, so running costs are
suggest $64 for a .5 crat
of the UK is needed to get a better
negligible. The man hours are what
diamond, $120 for a 2 carat
idea of the human cost of the
will be expensive.
stone. As we would only be
operation in our chosen countries
The calculation is the cost of
looking to certify larger
- see 'personnel' page.
electricity x 10 (kWh-1 machine stones, the higher end price
requirements) x ((60/78)*15)(timewhat
to I am using in this
cut each cycle of diamonds) / 100calculation. I have included a
(as the cost of electricity is in cents)
40% industry discount on th
as the price quoted is for
individuals with individual
stones.

certifying one batch of diam Total operational cost per cycle pre jewellifying
1,080
3535
1,080
4096
1,080
3033
1,080
1601
1,080
3889
1,080
4428
rs being
The Gemological Institute of
h 4 America (GIA) can certify a
stones
diamond. Research would
e
suggest $64 for a .5 crat
e what
diamond, $120 for a 2 carat
stone. As we would only be
looking to certify larger
ine stones, the higher end price is
)(timewhat
to I am using in this
/ 100calculation. I have included a
n cents)
40% industry discount on this
as the price quoted is for
individuals with individual
stones.

making 15 diamonds into jewellry making a whole cycle into jewellery

6,720
10,255
6,720
10,816
6,720
9,753
6,720
8,321
6,720
10,609
6,720
11,148
The jewellifying process plus the
Precious metals vary in price from
operational costs
day to day and for different carat,
9 carat being least pure (for gold)
and 24 carat being the purest.
Offering a range of jewellry would
require a range of quality of metal,
aiming more for higher end
materials though. The figures are
taken from the online market for
the average ring weight, circa $60
a gram, with an average ring
weighing 20 grams. 20x60 =
$1200. wholesale discount of 30%
equates to $42 a gram ($840 a
ring) for the average gold we
would be using. We would not
make jewells out of all our
diamonds, due to the pressure on
sales to sell them all and the
labour cost of goldsmiths being
expensive. I am using the figure of
8/15 diamonds made into rings for
this calculation.

the

15 x 0.31 k in 18k white gol with discount of 20%

gross income per cycle
37,500
30,000
19,745
37,500
30,000
19,184
37,500
30,000
20,247
37,500
30,000
21,679
37,500
30,000
19,391
37,500
30,000
18,852
gross
income
total
revenue
http://www.77diamo
A value of 20% discount was used
minus cost of goods sold
nds.com/classic_ring which is in accordance with current
s.html
market trends and the market
was used to
research conducted.
calculate the price
of a GIA certified
flawless (FL clarity)
round stone set in
18 carat white gold
(the cheapest in its
class). Realistically,
the pieces made will
be of more
significant worth.
This is a
conservative
estimate of the
value of the jewels
made.

venue
old

corporation tax / %

gross profit per cycle

20
15,796
22
14,963
28
14,578
34.61
14,176
26.5
14,253
38.9
11,519

All data was acquired

via the 'trading
economics' website.
Corporation tax is the
tax on an
incorporated
companies gross
income.

Job title
technician
researcher
security
contracted photographer (Part time)
website curator and manager
goldsmith
laser cutter
marketer
sales executive
total

yearly wage / USD

Country
United Kingdom
Iceland
Sweden
South Africa
India
Canada
U.S.A

average wage / USD

42700
54900
21000
10000
35000
42000
38000
27000
28000
298600

3065
2431
3023
1838
295
2724
3263

Figures taken from http://www.bbc.co.uk/news/magazine-17543356

wage per cycle / USD

409
526
201
96
336
403
364
259
268
2863

Average wage relative to expected UK salary

1.0000
0.7931
0.9863
0.5997
0.0962
0.8887
1.0646

-17543356

Have you ever bought a diamond / will you?

Yes (Y)
No (N)
16
7
Do you know man can make diamond?
Y
N
7
9
Would you buy a man made diamond?
Y
N
11
5
What price would you pay to that of a mined gem?
100%
90%
80%
70%
60%
6
0
4
2
1

50%

110%
2

What can be deduced from this quantitative market research is that of

the diamond buying market (70% of public) two thirds would indeed buy
a man made diamond, however at an avergae discount of nearly 20% off
the cost of natural diamonds.

at of
ed buy
20% off

total number on people questioned

22

discount derived / %
83
To the proportion of
those questioned which
this is relevant, a
discount of 83% the
price of a mined gem
was deduced. Which is
near enough 20%

GBP

Conversions to the Bristish Pound Stirling / October 2016

USD
ICELAND KSA Rand Indian Rupee Swedish K
1
1.22
138.9
16.76
81.21
10.85

ctober 2016
Canadian Dollar
1.62