SDV 5.88% 63.0¢ scidev ltd

Hi all,Here are some of the recycling/renewable/coal upgrading...

  1. 7,631 Posts.
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    Hi all,
    Here are some of the recycling/renewable/coal upgrading Coys.
    none of them is making big money yet,but the market is valuing them richly.
    DYE ....100m
    WEC.....1b
    MHM.....100m
    APG.....40m
    CFU.....170m
    INL.....under 7m.
    I hold all of them.
    Will INL join the nice crowd & get rerated?
    It is impossible to project how much money will INL earn,it could be huge ...or none.
    WE need to answer a couple of questions to find out if it is a viable investment for the next few years.
    (1)Is it overvalued? No,it has an EV of 3m & it will even trade at less than its cash baking after BSM royalty.
    (2)Will it go belly up?Highly unlikely.
    (3)Is their technology any good? JX Nippon can answer that.
    To my limited way of thinking INL should have a minimum MC of 15m,purely for the cash & a paltry sum for the IP.
    INL is being gradually derisked.
    Regards all.


 
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