InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,027.25
(
0.39%
)
Post# of 251
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

VortMax

Send PM Follow Ignore
Followers 606
Posts 18326
Boards Moderated 0
Alias Born 02/23/2010

VortMax

Member Level

Re: kt1120 post# 213

Monday, 02/22/2016 11:55:47 AM

Monday, February 22, 2016 11:55:47 AM

Post# of 251
yeah so CENX has similar sales to NORN and their entire business is Aluminum Smelters. Once NORN sells its downstream and uses that money to significantly reduce its debt, NORN will be left with as a smelter doing $700M annually in sales. That's probably worth $50M to $100M to CENX.

So, CENX should buy NORN's smelter for about $75M IMO.

Penny Stock Analyst, not licensed, but may as well be...

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
InvestorsHub NewsWire

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Start posting your company's news
Only $200 per official company press release!