RE:what is the price target for 1year, 2 years, 5 years, 10?AndreaG broke this down quite well over a month back I thought......
" The first plant (bowden) is expected to generate 85 million CAD EBITDA per year. The second is twice as big (gulf of Texas), so I expect CAD 170 million EBITDA. I calculate with a 70 percent stake of Gen III in the first plant and with 80 percent in the second plant: 59.5 million CAD EBITDA (plant 1) and 136 million CAD EBITDA (plant 2) = 195.5 million CAD EBITDA per year from 2 plants. Using a factor of 6, I arrive at CAD 1.173 billion acquisition valuation divided by about 100 million shares = CAD 11.73 per share compared to the current price of CAD 0.80. This calculation is based on only 2(!) plants. Today, it was officially written for the first time that they are currently working on 3 plants. My target price is probably too low once again. "
I'm predicting that we see a SP between $3-$5 before 2022 rolls around pre construction of any of the locations and (based on future percieved value alond with what I hope will be a well structured debt financing deal).