That supports my contention that, export facilities permitting, there is scope for establishing multiple processing plants on each asset. For those of us planning to hold until death and beyond, imagine 2 plants per project going full tilt - 12mtpa. I can't see why this wouldn't happen and the sp hit double digit dollars. The plants pay for themselves so quickly, that if the demand persists once the initial plants are in place, the management woudl be negligent if they didn't ramp up production.
What would that do to the NPV!
VRX Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
