Good summary Alpha. I appreciate your efforts. Making the following assumptions we can make some projections of what may be possible over the next several years.
Assume:
-12,500,000 per month (150,000,000 per year) earnings from Arizona tower.
-600,000 000 outstanding shares fully diluted.
-Royalties from 2 towers at 15,000,000 per year each (30,000,000 per year)
-Total annual earnings=180,000,000
-180,000,000 earnings/600,000 000 shares = .30 earnings per share
-assuming a 20 P/E ratio the resultant price per share would be 6.00
- this does not consider tax credits, grants, additional ownership positions, etc.
Of course this is all speculation and is predicated on the stated assumptions becoming reality, but it's fun to consider the possibilities. The reality is that our shares could ultimately be worth nothing or they could be worth significantly more than 6.00 (or anything in between). The only thing that is certain is that this has been and will be quite a ride.
