TSXV:EVE.H - Post by User
Post by
McGeezeron Jun 08, 2019 11:04am
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Post# 29808736
EVE today
EVE todayFirst of all: go Raptors
EVE sits on a solid foundation right now.
-the supply contracts with Germany appear to be shaping the busines model of this compnay going forward. Personally, I love this strategy.
One slight concern I do have was construction progress at the greenhouse. It appears that there is still a LOT of work to do before plants grow in there. I'll be shocked if they complete this in the next month as projected by Melinda. I would have rathered that EVE's projected timeline for completion be later than anticipated (with a possible pleasant surprise announcement ahead of that date). Instead, it appears that there will be a NR for a delay that will not help the share price short-term.
I project 15-20 million revenue/quarter once harvests commence pushing this company's valuation to 600million-ish in a years time. .
Risk: continued delays with construction/licensing could really punish EVE's SP
One question I'm not sure about with S. Ontarion climate, can EVE grow Mj in the greenhouse year-round?
I hope things keep operating smoothly over the summer months. Have been impressed with leadership direction so far!