TSXV:EVE.H - Post by User
Post by
x2j0a0x0on Sep 05, 2019 5:51pm
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Post# 30100100
Optimism!
Optimism!Let's insert some optimism after a dreary spell (albeit, the hit has been across most cannabis LPs)... reaffirm some of the ideas that make Eve attractive. If Eve makes good on all of it's objectives.
Good stuff in-motion:
- Eve completed the greenhouse, relatively on time / budget, and now has a significant asset on the books... HC approval should be considered "imminent" (but no one can crystal ball when, but this is great stuff)
- Germany agreements x 2, with ~15k kg+ per year (achieving this by around Q1/Q2 2020 seems plausible)... first shipment (on first agreement) is imminent
- NL is a good partner, continues to buy product, and there are good reviews... just added MB to the mix and shipment is going to happen very soon
Fundamentally, these alone are pretty solid inputs to the decision / faith... and doesn't address / explore all of the other potential.
Not pumps, just the facts.
Some unknowns... that will be big benefits if / when they eventually come to pass:
- BC / ON... plus working on the rest of the provinces
- Roll-out of 2.0 products (and partnerships / JVs)
- MMCAP warrants are gone and that supply pressure disappears (downward price pressure)... which will also add million$ to the books
Sure... lots of risk (lest we forget), and concerns... that must be considered / factored. Ravi selling some? Whether Eve can get enough solid agreements / contracts to sell everything and remain profitable (e.g. after 2 years)? Etc.?
Cheers... peace... long EVE.