WSRC should be trading in the dollars in my opinion with this deal alone and not including their mining deal that's worth a few hundred million to a few billion dollars that are also indicated within their most recent filings that I will indicate after this post. Also important to note, the money used for the deal below will be used to fund their mining deal.
** The Contract allows for adjustment in the scope and term of the project - over an anticipated completion schedule of 7 to 10 years.
** Gross revenue to the Company is estimated to average $200 million annually.
** Two additional projects are currently in queue.
** WSRC has secured $40 million in equipment financing and a $150 million Line of Credit for phased mobilization immediately available through institutional providers.
** MSL will secure Federal reimbursement funding for SMVWCD from Infrastructure Investment and Jobs Act, The Inflation Reduction Act and the 2022 Omnibus Appropriations Bill through various Federal and State agencies, primarily the Federal Emergency Management Agency (FEMA), United States department of Agriculture (USDA), and the U.S. Department of Transportation (USDOT).
** Additional financial participation by other Federal and State Agencies is anticipated.
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