You may well turn out to be right. However, I am interested in the valuation the markets puts on SO4? To do this professionally the Board needs to demonstrate that the capital cost of opening has a short payback period. Jansen is 7 years from opening as a guide. My hope is 7 years or less. How quickly can they ramp to $1b revenue annually, what are the margins, Ebitda forecasts. Everyone will look past the FY22 number if the plan is well presented to the market. A new CEO and CFO hopefully are up for the next phase for SO4?
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