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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Mkt cap ! $9.421M | |||
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