RE:forget everything else
a2bman wrote: is the port worth the mkt cap? I have to think yes, based on port construction costs in other countries, but to me that port doesnt look like much, so IDK.
This will become clearer as CGX reports earnings over the next couple of quarters.
The port although operational for limited use is still far from complete. Just need to take a look at some of the recent pics shared here, and compare to pics of what the port "should" look like when completed from their presentation...
https://cgxenergy.com/wp-content/uploads/2022/08/Deep-Water-Port-Presentation-25August2022.pdf
Still needs 10s of millions in investment to complete. From the tidbits of info I have found, from original costs to amount invested already, I would guess they are still needing over 50 mil to complete it.