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Ann: Lochinvar Scoping Study Update Presentation, page-36

  1. 614 Posts.
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    Our 50% JV partner SML seem to be on the right path. SP closed at 1.4 pence and MCap of 17.5 mil
    Yes they also have other projects which one provides some cash flow, but a MCap of 7.7 mil seems ridiculous considering our current cash value and potential projects.
 
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