Post by
BarstoolSage on Mar 10, 2022 5:27pm
Dont know if anyone cares
I traded most of my last sale of NXO for 600 EVGN, a BC startup with a ridiculously thin float one tenth the size of NXO
It's not what I normally target with specs (I like to own more zeroes in shares) but I like the story. Takes organic waste which cities pay them to haul away and processes into natural gas which it sells via agreements to Fortis.
Has BC sites but it just went into Alberta where it did a deal it can easily replicate
feedstock of organice waste====process====RNG
(Hey Crimson..remember Finore and the subsequent morphing into the Cannavore and grocery store organic waste processor that made water????)
Evergen is not the only one doing it which is good news but it has the tools (owns the process) and that ridiculously thin float to execute a great rollup of "feedstock suppliers"... organic waste management companies with a steady supply of raw material from which natural gas can be extracted.
It gave its last Alberta acquisition 500k shares valued at $5.50plus cash .....setting a standard in terms of feedstock deal structure and pricing, which then allows profits to get locked down in RNG supply contract at the other end.
Comment by
Tcwtaeugene2 on Mar 10, 2022 9:37pm
I take every suggestion that have potential. Not to say i'll buy it(have to study first). tank you mister stool. Hope you are doing well. Eugen