Make it simple, TTY will be producing 1.5mlntpa which is equivalent to $30mln in earnings. TTY targeted to double this production rate within 18-24 months i think....
- At $30mln earning alone, it is more than enough to value TTY at $1.20. Any further increase in production or acquisition means upsize to TTY's valuation.
The last 2 days sell down is basically down to fear, and investors preference toward certainty and security rather than something that causing dispute, etc.....
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possible sell down might be investors jumping, page-6
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