14D 4.84% 5.9¢ 1414 degrees limited

Ann: Aurora Project Update, page-13

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  1. 266 Posts.
    lightbulb Created with Sketch. 44
    Yeah once (or if) funding is secured, this will seriously rerate... Look at MNS as a comparison, another good green energy company on the ASX, they just announced $110m funding today for one of their projects and they are now sitting at a 300m market cap... the stock is getting some serious attention from investors.

    With 14D, we are $40m or so market cap, so with a similar amount of funding for Aurora, I believe we can attain a similar valuation, that is 7 bags from here, so $1.40+ a share.

    It seems pretty obvious to me that 14D can secure a good chunk of that $1 billion allocated to SA renewable projects.


 
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