GREY:STTYF - Post by User
Comment by
mineplanner08on Aug 30, 2011 12:20am
319 Views
Post# 18991924
RE: Repost - SND ~$3.09 VPS in 2012
RE: Repost - SND ~$3.09 VPS in 2012I'm long SND but that's a pretty optimistic valuation. I'm in due to the great upside potential/limited downside. Nolan mentioned (on the recent BNN interview) that they believe they have about
.40/share worth of cash on the balance sheet plus guaranteed cashflows. I'm not sure whether or not he's excluded cash that's already commited to some of the projects, though. I figured it was closer to 0.34/sh and Kewl2 mentioned 0.46/sh. Either way, this one is a no-brainer. Just like SSL last year. I'll keep adding while it stays in the 0.40s and watch it rise as production rolls in over the next two years. :D