Friday, January 04, 2008 7:21:59 PM
The .50 prediction will too this year...probably 10x that.
Egypt is huge and just the tip of where this is going... $100M plus just from Egypt. ALL Industrial waste is guaranteed by the government to go to their facilities for the next 25 YEARS...Plus the government has given them a viability guarantee which means the tipping fees will guarantee them success and profits the whole time... You add it up.. min 1.2M TONS/yr of Waste (prob higher) x min $100 ton tipping (some will go $400 or higher based on waste)... adds up fast.....
market multiples in this industry are common at 25x-40x...
If they do $100M with 350M shares.. then add the multiple...nice eh? Doesn't include Saudi deals in the works and Mexico (recent ok from gov to move forward with $350M plant)... could pass $10 by year end...
who knows ? but for .24 why not! I'm in from .07 so its ok now..not selling till $10 :)
still cheap!... prob hear financing news one of these days and then these prices will be forever gone....
Board of Dir included Sheik from Saudi (has his own Billion dollar Co. with ALL the big contacts) and Tony Blair did the grand opening for them in UK for their satellite there...
Will prob be an AMEX company one of these days...
jmo.. but I like this one..
B
I have enough DPBM if it ever runs will be nice too.. :) and buying more here...
B
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