RBCWhy would anyone sell shares they acquired at a low cost base, pay taxes, and then buy the same shares back at a higher cost base? Why pay taxes earlier than you need to?
I have not seen any GRA insiders sell any shares, so I am not at all concerned about that.
I think Volta is worth more than 35 cents, I was just commenting on the RBC valuation. RBC provides several tables with higher valuation models based on solid execution of the business plan, it is up to GRA to actually get it done. Once the final partnership(s) is/are done, that will raise the value a little, and again as the financing is completed. The real issue is can they build it on time, on budget, scale it up faster than the 2 full years RBC says it will take, and run it profitably? That is not as easy as it looks I suspect.
As a GRA shareholder, I want the strongest customer/partner they can find. If there is any doubt that tthe long term purchase orders are not solid, that the customers may not have the ability to pay, that will raise the cost of borrowing and seriously affect the valuation. There are better partners out there than LEV in my opinion.