market cap is around $120M with $58M free cash if all goes to...

  1. 9,286 Posts.
    market cap is around $120M with $58M free cash if all goes to plan ($40M cash plus $18M for capex, which is 30% of their share of the project).

    The deal sounds pretty good.

    If they did similar deals on their other projects, then we may have a company whose market cap is near their cash balance.
 
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