Yes, it is hard to value D2O as the price for water will vary year to year depending on rain or drought.
75,460ML at $200 a ML is $15,092,000 / Share Issue 121,270,000 = 0.12 per share!
At the moment they are not leasing it all. The max price they show on page 3 was $800ML !
I think D2O will just keep growing and growing. It's a hedge on global warming.
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Yes, it is hard to value D2O as the price for water will vary...
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