Micromem Technologies Inc. (MMTIF): We just don’t know the margin for each u...

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Micromem Technologies Inc. (MMTIF)

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Re: seek the light post# 2140

Thursday, 01/09/2020 4:18:27 PM

Thursday, January 09, 2020 4:18:27 PM

We just don’t know the margin for each unit. Let’s say $20,000. Just for Romgaz that means @1700 units (one year) equals $34,000,000. With 360,000,000 shares outstanding about a $0.09 earnings. A PE of 40 gets us to over $3 per share. And that does not even factor in Chevron. We could all be surprised by deal announcements.
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