GREY:ARGEF - Post by User
Comment by
skyyvodkaon Jan 13, 2018 6:02pm
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Post# 27351124
RE:I like this simply because.....
RE:I like this simply because.....
Tronox could easily be the global TiO2 supplier they are dealing with. However, there should not be a deal until Tronox has passed the deal with Cristal. 11 plants representing 1.3 mtpy.
The organization representing 48 chinese producers should have at least a similar quanitity.
I do not think current management would have a NR of a vague sell meeting, there should be more substance to make the management having the need to push for a NR.
Retrofitting and licensing roughly 2.5 mtpy over the next 5 years could be on the table.
at 7% license fee without any upfront it could be 350mm annual revenue within 5 years @ P/E with 500mm shares = C$14 per share. That is 230 x current valuation.