RE:RE:NO share dilutionThat would make this a $100 CAD stock which is reasonable if management uses the funds to build the business in a big way (accretive, as you say). Without this, compared to others, we are still in that neighbourhood of value, but conservatively, minimum $50 CAD, and $75 CAD still reasonable. I am sure the wheels are turning to explore the vast possibilities this management has at its fingertips.
Norcalcanuck wrote: Good info Sunrize and I agree with this in principle. They are unlikely to tap the market to develop the facilities. Management is focused longterm on shareholder value. Having said that I do beleive they will issue stock to raise capital to aquire assests in the future. This would obviously be accretive and should benifit share holders but something to consider . In my personal modeling I have Sunniva having 50 million shares outstanding if/when it has a market cap of 5 billion+ and yes I think it gets there.