Turkish police seize 1.4 kg of radioactive californium in Ankara

Re:Turkish police seize 1.4 kg of radioactive californium in... by woliveirajr on Monday March 19, 2018 @10:27AM (#16618541)

> with a worth of approximately $4 million per gram > The amount of seized Californium was reported as 1.441 kilograms. > The suspects reportedly agreed to sell the element for $72 million.

Seems that some value is off. It should be worth $5,764 million. Selling something that worths $5 billion for just $72 million is a big discount.

[ Parent | on HN ]

Re:Turkish police seize 1.4 kg of radioactive californium in... by cobbzilla on Monday March 19, 2018 @10:43AM (#16618687)

I am guessing it's like "drug bust" numbers where they take the highest market price for a small amount, then multiply it by what they seized, ignoring the fact that larger size lots can have a much lower unit cost.

[ Parent | on HN ]

Re:Turkish police seize 1.4 kg of radioactive californium in... by sp332 on Monday March 19, 2018 @11:01AM (#16618844)

It might be worth $4 million per gram if you can sell it legally and in the open. If you have to keep it quiet, that's a whole different market.

[ Parent | on HN ]