Post by
blobboy on Nov 14, 2018 6:20pm
IT`S NOT ROCKET SCIENCE FOLKS
Current total assets = $163 million. At todays close the MC = 553 million TSO X .47 s/p = $261 million, so we can see this company currently has an enterprise / growth value o $100 million...so to say HIP is over valued isn`t really that much of a stretch. Now consider further dilution is just 2 weeks away with the release of 91 million additional shares from escrow. The new calculation looks even less compelling. 644 million TSO x .2525 s/p = $163ish. million. 644 million x .47 s/p = $302 ish. million - a whopping $140 million enterprise / growth value. This is a some what rushed back of the envelope calculation but reasonably close. At todays close of 47 cents - HIP looks to be over valued by about $100 million or about 18 cents p/s which is factored into the growth profile, but lets not forget about cash burn - we are still losing money. With another 91 million shares about to hit the market in 2 weeks, well...you don`t have to be a rocket scientist to see more down side is evident. JMO, if I have erred in my outlook I am willing to hear another view point.
Comment by
blobboy on Nov 14, 2018 6:36pm
now lets say we generate $12.5 million revenue per quarter - costs, will we still be losing money...sure looks like the big boys are.
Comment by
samforhip on Nov 14, 2018 7:05pm
Hhahahahahahahahahahaha , I can’t believe you believe that people will believe that you believe that .
Comment by
EagerBeaver1972 on Nov 14, 2018 11:57pm
Ok, all based on current production. Why about when they are at 35-40 0000 kg/year when Niagrara is complete? Half will be done by December 31, and the rest before spring. Doesn’t that add value?
Comment by
Ggeeman on Nov 15, 2018 9:16am
so phock off and go to oil you greaser.. Why hang around if you made your choice, are you going ti take mozz's spot now???