RE:2021 will be way greater than 2020I spoke with the CEO of Terraco Inc., this company as you all know is going to run EWI's SSM plant as a majority partner.
In our conversation I found him very confident and positive. He believes EWI technology very very good and will solve tire recycling problem in Ontario for sure now and worldwide also if more plants are installed. He is also working with few parties in Canada to buy or partner with Terraco to start plants in many different countries. He told me revenues from raw materials retrieved from end of used tires are enormourmous and working on annual purchase contracts with the purchasers of raw material that means lot of Royalty revenue for EWI and hefty income for Terraco Inc. He also said local and national media houses did article on Terraco Inc. and his expansion of 4 plants in 3 years in Ontario were also discussed. He also mentioned few press releases will be coming soon and Terraco is privately held incorporation and has less limitations to say what they can say as compared to Public Companies. In my opinion SP will surprisely move up. I am buying more from now on, all of you act accordingly and do your own DD
I think there was an anaylist who has pridicted EWI stock to be $1.81 by end of this year is correct. I believe the SP will start moving up consistantly till end of the year.
GLTA, Go EWI GO