OTCPK:GEMNF - Post by User
Comment by
Ponch73on Jul 05, 2017 8:00pm
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Post# 26437488
RE:Cash flow Outlook
RE:Cash flow OutlookThanks for your estimate of Gemini's 2017 cash flows.
What's interesting is that, at the current multiple, the market apparently has very little faith in Gemini's ability to sustain positive cash flows.
If Gemini does $4M in free cash flow this year, it will be trading at 2x. That's the kind of market multiple a company in a frontier market with significant geopolitical risk would get (think Ukraine or Syria).
The greatest geopolitical risk facing an Alberta-based company is that the prime minister might forget your province on Canada Day. Seems like the 2x multiple is too low.