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Re: Irish002 post# 12228

Friday, 03/19/2021 11:42:24 AM

Friday, March 19, 2021 11:42:24 AM

Post# of 14223
Irish:

If today's valuation were accurate, (which I don't believe it is) and if that same multiple were to be applied to NGW's stock in early 2022, then sales will be three times what it is today. So, if we were to assume that today's PPS is fairly valued at $0.74, multiply that by 3 and you'd get $2.22 / share.

The new facility will triple capacity. I would guess that $2.00 / share is a minimum by 12/31/21

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