Takeover Target? Gas stock target?, page-17

I like the stock.

49tj from Sole and Casino Henry Netherby at 15tj, amounts to 64tj per day. This would be more if the additional 3tj per day is considered once Athena is commissioned.

By FY 2023 - 2024 that would be 67tj per day before OP3D and Manta.

Assuming profit margins are $3-$4 per gj and operating at a conservative 273 days per year at 67tj per day, I'd forecast NPA @ $60million, not this financial year but 2022 - 2023.

Market cap is around $432 million, assuming NPAT is $60m, these rough and conservative figures are fine with me.

Once OP3D is processing 50tj to 75tj per day (net to COE) is when this undervalued stock is going to have rocket emojis associated with it on social media newsfeeds.

I think Sole not producing at nameplate capacity isn't such a big deal, although I too would like this issue to be resolved.

In the meantime I will slowly accumulate while the Herd is distracted, I think I have plenty of time.

DYOR