Anyone taken a look at this one?
Raising $4m in pre-IPO stage
Current SOI: 120,368,000
Pre-IPO: 38,095,239 (@$0.105)
Total SOI: 158,463,239
Valuation at pre-IPO raise price: ~$17m
3 Businesses/Divisions:
Sawmill Business
- Currently profitable
- LT offtake agreements with NSW Forestry Corporation
- High demand from building industry
Biomass Business
- Leveraging off the sawmill business to utilise waste wood to convert into biomass to generate electricity
- 20 year offtake contract signed with Japanese customer valued at US$90m
- Biomass is tipped to fill the void left by coal power generation as the world transitions to more renewable energy
Hydrogen Business
- Biomass pyrolysis process to produce green hydrogen
- Biochar by-product for sale into agriculture and other sectors
- Very early stage, blue sky potential
Very interesting business with just the Sawmill business with Biomass being the cream on top. Green Hydrogen would be the cherry on top of an already delicious looking cake!
Wolf
Anyone taken a look at this one?Raising $4m in pre-IPO...
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