RE:RE:RE:RE:IPO'd with a 300 million dollar cap No emotions, Go with the fact. There is tough competition and they are late in the field. Stock will drop under $1 in a month.....rbm0524 wrote: Thanks for that useful comment, Pra567. Account created Aug 14, 2018 and already 50 ignores. Current market cap of $210 million is a 30%+/- discount to RTI, which is a relevant comparable. RTI's technology is supposedly far superior from a throughput perspective but they don't even have a production license. LABS is licensed for oil production, have already had their sales license inspection, have product in the vault ready for sale and have multiple supply agreements with LP's. I think LABS present market cap is quite reasonable compared to the rest of the market and entry at this point provides good value.
I agree, PRA567 is not up to speed on potential here.
Sales licence typically arrives within 15 days of inspection...so this will be news very soon and should pump the SP.
Lots of PR to come with other new deals etc...these guys are the real deal....sub 1.00 SP...dont think so
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