GREY:PORMF - Post by User
Post by
tmmoneyon Jun 21, 2014 11:18am
187 Views
Post# 22682603
NOVX21 value
NOVX21 value
there are many looking at what is the value of this company? now next week/month,end of year?
here is my simple view,
the tech works, it is proven,
there are many companies meeting and testing the process and ready to supply product
the sector for (recycled pgms) in cat. conv. is enormous
there is a future growing fuel cell and electric auto market emerging with 10-20 times more pgms to recover
NOVX21 can lead this industry with their patented IP technology,
NOVX21 is an ecologically green process
factor in what large MFT companies world wide might be interested in a JV relationship with NOVX21and or possibly make a complete buy out offer to own the entire business and process
NOVX21 made presentations to Europe and more importantly Germany
how many companies would want to add the process to their ongoing recycling operations, the cost and pay back is attractive
I am of the opinion that we will see massive price and volume gains far before any plant it built, this is a market with a huge core sector values in pgms with the top commodity platinum,
the multi billion dollar market sector is theirs to capture, NOVX21 is about to make an historic price and fundamental move, I have gone on to state my target values and I stand by them.
we now know much more as to the profit, size and costs to build out the NOVX21 operation, it scales up very nicely
volume precedes price, we have not even seen real volume or real price yet, not even close