TSXV:EVE.H - Post by User
Post by
Goldy63on Dec 18, 2019 7:06pm
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Post# 30470576
EVE Numbers 2020 . Fair Evaluation ?
EVE Numbers 2020 . Fair Evaluation ? EVE 2020
Here is what I see for EVE in 2020 :
Revenue: 50 000kg X 4000$/kg (very conservative) = 200M$
Cost of production : 50 000kg X 1,21$ (comes from Melinda)= 60M$
Other cost: 75M$ (Max)
Profits: 65M$ or 0,22$/per share
If we pay 12X profits, it’s a 2,68$ stock (12X0,22$)