Sorry. You are correct. S2 land leased, but we own the building and infrastructure. I think guidance is the best measure of where any company is heading especially if they are prepared to offer it in the current climate. Given the structural shift to everything cloud related, I think looking forward one can easily be bullish with where we are heading over the next 5 to 10 years. CS predictions are unfolding before our eyes and If anything at a faster rate due to Covid. Remember, we only sold around 60MWs in the first 9 years of operation and the 60 mws of options handed out could be exercised at any moment. Pretty large increase if it is taken up. Looks a good sign when we continually bring forward new data halls and land purchases. Time will tell but haven’t been let down so far. Gltah
NXT Price at posting:
$13.84 Sentiment: Buy Disclosure: Held
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