OTCPK:NNDIF - Post by User
Post by
ZincDinkon Oct 25, 2022 11:06am
116 Views
Post# 35046571
At todays price - this will be a 10 bagger next 4 years
At todays price - this will be a 10 bagger next 4 years
So, with the 100 M$ investment in the cell house, we finally learned what the last upgrade will need to be taken before GC buyout.
Reminder, a plant this size is over a 1 B$ investment to build. The value of the plant on the balance sheet is after 180 M$ in impairment charges over the last decade - while they invested close to 100 M$ in upgrades. The balance sheet value is meaningless IMHO.
Last major investment in the cell plant was 17 M$ liner upgrade. Frankly, it sounds like GC wants us to upgrade the cell process to a high density higher production.
So, back in 2010, Xstrata was willing to spend 3.9 a share to buy the plant before the most recent upgrades. After all the upgrades, should be worth a lot more down the road.