Q3 Key Facts
EBITDA for the 9-months C$1,639,432
Lets assume Q4 is simiar as management states then 12-months could be
EBITDA of approx C$2,500,000, but lets be conservative and say teh 12-month EBITDA is C$2million
P/E of 1 shoudl give a price of C$0.04
P/E of 2 should give a price of C$0.08
P/E of 5 should give a price of C$0.21
In addion to these the actual balance sheet of teh company is strong with zero long term debt and shareholder equity standing at C$5.4million which alone equatres to C$0.11/share!
If these guys bring a new project in to the company they shoudl be able to buy it/develop it from existing cash and future income.