RE:RE:RE:RE:Opinion about GRN Hah yeah I've had a quick look over there but am staying out of that one. Honestly I wouldn't worry about what's happening over there. When the company announces 40+ million in revenue next year and is in the black (as per their guidance) the stock will be over 3$. A great buy at these levels. An even better buy if it goes lower. And if you're already maxed out in your allocation it's a low stress investment that you don't have to worry about short of something catastrophic happening.
There's over 700 million in upgraders currently planning to be built and based on current market share they are likely to get about 25% of the business. That will be followed by billions in additional RNG investment growth. RNG is the easiest solution with the least infrastructure cost for businesses and governments looking to reduce their carbon footprint. It just makes sense to me that for the next 5-10 years RNG is going to be a big deal.
There was also some "concern" if you want to call it that on the conference call about them improving revenues through partial ownership in their upgraders. I'm also not concerned about that. Even if the big energy players go to build big projects they're likely to pay someone else to build the upgraders. To quote one of my favourite analysts, invest in the picks and shovels. Then no matter who wins you come out on top. GRN is picks and shovels in the RNG business.
ace1mccoy wrote:
Let's hope that GRN SP will eventually benefit from the XBC fiasco in terms of some moving over to start a position in GRN. But it's a messy angry board over there ...