Harry: Hell, man, who knows what it might be, considering all the gyrations in the markets lately. But someone said the plan is to get the plant running at 100 tons per day by the 4th quarter. I did some preliminary calculations on what that could mean in terms of projected, next year's profits, and as the figures are very rough, I won't bore anyone with the details at this point, but the bottom line was $0.65 EPS, which should put this puppy in the $10 range, using a 15 multiplier. I remember Zeev thought I was out of my head projecting a "trading range" of $4-5.00. But your timetable is shorter, although the word will begin to "seep out" as surely as our PGM's are "seeping" through resin as we write. I would guess a low of $1.75 and a high of $3.00 in Q4. Just MHO, of course -- NO GUARANTEES HERE FOR NEW LURKERS.
Scott, any T- shirts you want to put forward in an official Q4 contest to guess the high. Forget the low, that'll be history, and we all hated history in High School.
Regards,
Jeff |
