Once CSA approval, just landing 1 government contract worth 25-50 M$ (which is conservative, 2500 bioclouds) AND we know that with actual capacity, they can produce 20 000 a month.
In my mind, ONE contract with Government, can bring the share price to a market cap of 600-700 M$, meaning a stock price of 23 $ a share.
One contract will make ways to thousands more contracts, if we sell 20 000 bioclouds, we become a 2-3 billion $ business.
I am using revenues multiples, which is how the market is valuing businesses actually that aren't profitable but have an infinite potential.
My estimates are honestly conservative, but CSA approval needs to come AND contracts as well.
2-3 billion $ market cap brings this company to 82 $ / share. The fact is that 20 000 Bioclouds sales are literally ONE month production lol. Crazy.
Cheers!
David