Once a government budget is passed we should see a lot more visibility in regards to waste treatment spending. Expect to see all companies in the industry benefit.
It won't be immediate but going forward with the plant closing and no longer having to fund Perma Fix Medical we should start seeing some significant cost savings.
My take is that there are 3 possible ways that we can see a much higher valuation:
1) recovery of the base business and/or winning a large contract (supposedly bidding on a lot of business).
2) good news on the high level waste project. Think that it's highly likely that they advance to the next stage (i.e. treating 2000 gallons).
3) good news from Perma-Fix Medical....one can view their ownership % as a zero risk call option.
Am really impressed by COO Mark Duff and think that he will be bringing in a lot of new business.
Think that the risk/reward is COMPELLING.
Recent PESI News
- U.S. Department of Energy Selects Perma-Fix to Participate in Nationwide DD&R Small Business IDIQ Contract • GlobeNewswire Inc. • 05/03/2024 12:30:00 PM
- Perma-Fix Successfully Completes Pilot Plant Testing and Unveils New Process for Destruction of PFAS “Forever Chemicals” • GlobeNewswire Inc. • 04/03/2024 12:30:00 PM
- Gabelli Funds to Host 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024 • GlobeNewswire Inc. • 04/01/2024 07:16:36 PM
- Perma-Fix to Present at the 10th Annual Gabelli & Company Waste Services Symposium in New York City on April 4th • GlobeNewswire Inc. • 03/27/2024 12:30:00 PM
- UPDATE - Gabelli Funds to Host 10th Annual Waste & Sustainability Symposium Thursday, April 4, 2024 • GlobeNewswire Inc. • 03/18/2024 04:38:18 PM
- Gabelli Funds to Host 10th Annual Waste & Sustainability Symposium Thursday, April 4, 2024 • GlobeNewswire Inc. • 03/18/2024 12:00:00 PM
- Perma-Fix Achieves 36% Year-Over-Year Increase in Revenue to $22.7 Million for the Fourth Quarter of 2023 • GlobeNewswire Inc. • 03/13/2024 12:00:00 PM
- Perma-Fix Schedules Fourth Quarter and Fiscal 2023 Business Update Conference Call • GlobeNewswire Inc. • 03/08/2024 04:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 03:30:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 05:21:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 08:34:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 08:05:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 03:07:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 01:35:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 01:35:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 01:35:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 01:35:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 07:58:51 PM
- Perma-Fix Joint Venture Receives Formal Award of European Waste Treatment Contract Valued at up to EUR 50 Million • GlobeNewswire Inc. • 12/21/2023 05:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/11/2023 08:08:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/06/2023 01:30:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 01:18:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 01:13:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 01:00:18 PM
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ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
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