The optimists think that each processor is worth 5-6 US dollars based on the profits each processor is expected to generate. This is based on a p/e ratio of about 10. The plan is to have 3 or 4 processors running by the end of this year and that one will be built per week by the third quarter next year. If those expectations had been realistic, which I doubt, the pps is very low in relation to what the future has in store for CASO. Things have developed more slowly than projected so far. I guess the showdown will come once the first processor has been in operation for some time. We will then know what is realistic expectations.
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