GREY:PCCLF - Post by User
Comment by
humblebayon Jul 16, 2015 9:20pm
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Post# 23932499
RE:RE:RE:This is managements pension plan and not an investment
RE:RE:RE:This is managements pension plan and not an investmentwell, i think dissolve the company is definitely a solution but how do deal with the current phosphate project? you can write it down to claim the tax credit. think about it. 95m tax credit is a huge benifit to whoever the buyer is. it's worth far more than its cash value which is 36 cents not mentioning 29 cents. In my opinion the best way to return shareholders something is sell itself to some phosphate producers so that they can use the huge tax credit to hedge the future gain.
55 to 60 cents is something reasonable to expect. in short term.