It's hard to believe that this company has already secured its petroleum production license, 70% of its capital requirement, bottom quartile of costs, committed to zero carbon and urea prices are trending strongly higher. This is closer than it's ever been to getting into production, the sp logically should be making new highs above 40c and yet it is now near the bottom of multi-year levels. My guess is that is due to the large recent cr with free attaching options. That supply won't last forever. For me, this is a great low entry for a very likely multi bagger. MC is just $100mill and NPV is over $3bill.
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