Hi analyser,
Thanks for the links to the broker presentation.
I still couldnt find a few bits and pieces, such as projected earnings based on the actual price for biodiesel.
they mention some NDO-like milestones as you quipped, but do you know where they are at with respect to lease of their malaysian site, contracts for the palm oil supply (since MBT will be competing for this at the same location) and if they have secured forward sales contracts?
I know it seems a tall order to know answers for all at this stage, and hence I guess the discount of JPR to other market players.
I am keen, would love to get in on a retrace, but sadly doubt if I will get such a chance once the market wakes up.
Cheers,
Pelsaert
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