Thanks Wilbur, Interesting discovery.
NZ$47M for a 90KT capacity. LER aiming for over 3 times that (300KT) - $150M?? That is just the wood pellets business. Seems very high - Am I missing something?
I know wood pellets with appropriate calorific value sell for high prices in the EU but at this rate the wood pellets business would be worth about 5 times LER's current market cap.
Very interesting.
Cheers
SC
Thanks Wilbur, Interesting discovery.NZ$47M for a 90KT capacity....
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Last
0.8¢ |
Change
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Mkt cap ! $18.84M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $30.66K | 4.244M |
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|---|---|---|
| 4 | 2998241 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2832600 | 4 |
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