RE:RE:Installing extra 500 AV chargers Kensin1954 wrote: As a lifer, I can honestly say DataMetrix is a keeper.
I have my dollars in a number of juniors but this is the best play to date.
lots of cash on hand $10-20mil depending on who and when you talk to.
Verticals in expanding fields/countries that are billion dollar catagories.
Clearence from both USA and CND Security = Political/Medical/Military contracts.
and
most important,
Excellent Management. You can count on one hand companies with a strong managemnt core. To have that in a junior is unheard of, until now.
JMHO
P.S. Take your investment out when it doubles and ride the rest. That is what many here have done.
You want another very good stock with top management, then check out Trilion energy (TCF).
Art, the CEO, refused to give himself a cr@p load of options which he could have and has instead earned his shares like most shareholders. I certainly have respect for that. Just as MG and the board willingly gave back options to keep the share structure down and used them to attract top notch people to run the vertical divisions instead of issuing more shares. Thumbs up on that move!
TCF is a natural gas company drilling in the Black Sea. They are partnered with Turkey (51%) and get natural gas prices that are set in Turkey. About $30 mcf vs the US at $3-$4. Unfortunately not all investors in this company understand that TCF gets these incredibly high gas prices, which are expected to remain above $24/mcf.
The company does not have any costs for infrastructure as that is already taken care of, all they do is make maoney will every well drilled. They earn approximately $1-1.5 million per well per MONTH. They have two wells tied in and producing and a third is about to come online this week or next week and their next paycheck comes in this week for the previous month. Revenue expected this year is $100 million for 2023 and $140 million for 2024.
This play is really a no brainer as every well drilled is cash in their pockets at a rate of one well every 30-45 days. 13 wells are expected to be complete in 2023 in a 20+ well program. The current two wells will bring in about $20 - $24 million in 2023 alone with a new well coming online each month. Since the infrastructure is already in place, the company is producing revenue immediately with each new well. Now that should be good stock!!!