NXT has many levers to pull. Like a mining company, they have a huge amount of "optionality" implicit in their business model.
Eg: Cease development and milk cash flows and deliver earnings off the embedded value of contracted sales, yet to reach billing (~8MW of 42MW in this category today).
These are highly attractive assets. Lots of tangible asset backing also sit behind this business.
This is not an After Pay which has raced to $5bn in a few years only to blow up in the fullness of time. Investors need to remember NXT is not an overnight success story. It's been a long road just to get to here. This is not easily replicated by all these so called local competitors
NXT Price at posting:
$6.06 Sentiment: Buy Disclosure: Held
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