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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Comment by alleyesonmeon Feb 21, 2021 3:56pm
145 Views
Post# 32622405

RE:RE:RE:RE:RE:Why

RE:RE:RE:RE:RE:WhyAt end of 3rd quarter the company had 112 mil of confirmed builds which once operational will provide 11 mil annual recurring rev for 25 years. thats 275.m.USD revenue for the owner of the assets over 25 years. The assets life is 40yrs min meaning it would produce 440m over 40yrs. That's all value to be considered on a company traded under 80m CDN M/C. Additionally adding new commitments at a minimum of 20m plus per quarter. Every 10.m equals 1m recurring rev. Uge now has 5 operational assets 3 in US and 2 in Philippines. As the quarters roll on and they add new commitments and put older ones in operation we will see assets and revenue added to the balance sheet. This shure and steady growth on the balance sheet is what will get the SP moving up. Solar is the cheapest energy without the 30% federal tax credit. The offering to building owners is unparalleled, revenue for their unused roof. The engineering business is not proprietary however the growth of solar globally will have them very busy for a long time to come. Having designed, built, financed and sold over 650 projects before switching their model to design build, finance,own, has them in the position of experienced market leader. They have the expertise to execute. So again under 80m MC cdn with 100's of millions of soon to be assets and recurring revenue UGE truly is Value and trading at a significant discount in my view.
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