Hey Tri,
I think you and i think alike most of the time and glad to see your valuation.
I don't value CFE quite as high as you but got to remember that there will be approx 67 million extra CFE shares floating around in a week or so and another 7+ million share options will probably have been converted come september end.
By my reckoning that gives around 645million shares and suspect that would give your valuation nearer $2 than the $2.21 but would bite anyone's hand off for that currently :)
Keep up the good work,
Kasp
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