I'm not as interested in "opinions" as much as mathematical facts and sound business principles. IE- product worth more than production costs is a great start.
The Miller Deal will likely provide some profit. Enough to justify a publicly traded company in the next 3 yrs? Doubtful due to the fact that that industry is currently highly competitive.
Lots of guys out of work in the gas fields and are hunting jobs.
Name me a large oil/gas construction service business that is publicly traded. I'm open minded.
*Lets not forget that a 12 million a yr gross is likely a good yr for a company like Miller this yr. Maybe even 20 million next yr. With all the overhead, insurances, labor (high priced labor) etc.. that may not equate to a good investment in HPGS (considering the vast number of shares).
Mark H does know how to make money. He built Hettinger welding into a large company going into the boom. Mark wisely cashed out as he likely knew it was not sustainable.
After Mark sold out, the boom slowed and Hettinger Welding closed up.
Hettinger Welding grew so fast that I know that they had to buy supplies from many suppliers due to cash flow out faster than in.