GSPThe company has the last pieces in place, namely commitment of $280 million debt financing and $80 million in shareholder equity financing. the writer makes it sound like everything is in place and done deal...is it??? This company is a highly speculative investment with lots of risk and limited upside.
Given a 10 times cash flow valuation, or $900 million, equals a $2.14 cent stock value. And that’s providing the current $725 per tonne price holds.
so limited upside and yet equates future cash flow to a share price of $2.14...is that limited upside???, not in my mind...
he should have had the article proof read before printing