PINL:HERTF - Post by User
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NEWBIEVESTORon May 09, 2018 11:06am
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Post# 28004605
This is where it should be priced
This is where it should be pricedAll the big expansions are just fluff at the moment. They haven't funded or started construction on either. All they really have is 4000kg of production coming this spring. After expenses, taxes etc that will equate to roughly $8 million profit. x75% ownership is $6million for a $120mil MCap. Considering rec still isn't legal and there's the risk of seeing their cost of operations and a weed over supply $37mil MCap is justified.
If this gets back to the teens I'd consider it a good deal and I'll buy again (I sold at $0.69 btw)