Hi Guys,
Ok great news this morning that NGW will finally receive its
building permit from Coalinga, Ca. to begin construction of
Facility B in July 2021.
But even better news, that NGW has found a way to increase the
square footage of the new Facility B over 20% to 62000 square
feet. And to add efficient use of Facility A by selectively
moving some of Facility A production operations to the new
Facility B building.
NGW seems to be finding ways to continue to improve their business
operations.
Very, very good news release in my opinion.
Time to consider a few monthly and annual forecast for NGW
sales for year ending 2022. Given the increase in operating
square footage. And improved productivity total sales could
increase by at significant margins.
Very bullish on the future valuation for NGW business!!
I am holding all of my shares. And buying more as funds become
available.
GLTA