RE:RE:RE:RE:peer comparison (please read) New/current Investors* Alpha,
Deciding how to value pre-revenue companies remains difficult regardless, to suggest otherwise is disingenuous and dishonest. No two investors will value a company the same. Both have their advantages and disadvantage. (some would argue that Gratomic's processing plants provides a better opportunity)....NOU "could" have capacity of 400K tonnes a year but with what plant? this requires additional funding $100's of millions if you will, plus years of development........
Alpha, I didn;t say Gratomic is worth $400 million, i;m providing a reference point based on two companies in a similiar situation, pre-revenue..............
Nou vs Grat is a great comparison, risk-reward is a general trade-off underlying nearly anything from which a retrun can be generated, anytime you invest........
We're willing to wait and add to our position.......
cheers,