Post by
Frosch1 on Jan 25, 2022 3:39am
Altus Report?
Also US$140 net profit per square foot.
At 1.6 million square feet, that makes a profit of 224 million in USD or 283 million in CAD.
Pre tax - i guess
In Grid Capital (advertising) I read: This crucially essential project alone is a $120-150M net value to Greenbriar.
All very nice figures, especially with 33 million shares outstanding.
The question is when can we expect the Altus report? And would the Altus report have any influence on the purchase of theentire regional real estate franchise network?
Comment by
Martin457 on Jan 25, 2022 10:01am
Whether GRB can get the financing will be critical
Comment by
Frosch1 on Jan 25, 2022 11:00am
Sage is debt-free. Financing (on project level) is not a problem. Cash will come back in at each construction phase. Altus report is important to attracting new, conservative investors. And I wonder if the repot is also important for the real estate agency acquisitions?
Comment by
Martin457 on Jan 25, 2022 12:22pm
It will become an issue and also a critical milestone for GRB to hit.
Comment by
Hubbie87 on Jan 25, 2022 1:21pm
It won't be an issue, but yes a beautiful milestone!