Tex18 Tuesday, 08/13/19 01:50:31 PM Re: fullyblown1 post# 20 Post # of 60 I was watching it fall amidst the recent uncertainty in the market and decided to wait. Looked and it was sub 6 so i pulled the trigger. Significantly favorable risk/reward profile here. Enterprise value of $9 million??? That screams buy in my opinion. As the research report stated, this should be 50-60 cents US pps. Upon completion of construction this should trade about $385 million market cap (1x estimated ebitda). At ~180 million shares equals ~ $2 US pps. As production commences, could/should fetch a 4-6x ebitda multiple which puts it closer to a $10 pps. That’s with just one year of production and only phase I (4Mt per annum).