RE: Vastly undervalued.14 Aug 2023 19:22
Alot to like here:
- The location of the facility also enables Hellenic Dynamics to easily export its THC dominant medical flowers to any of the 25 countries in Europe that currently allow medical cannabis prescriptions to patients, in a market expected to reach €43.3 billion per annum by 2027, twice the size of the current north American and Canadian markets combined.
Hellenic Dynamics has managed to secure significant discounts from its equipment suppliers and has also managed to secure unused second hand equipment, where possible, to keep costs as low as possible while ensuring all equipment is of the highest and modern standards throughout the facility. The Company already benefits from a relatively low cost of power, however Hellenic Dynamics is in advanced discussion with suppliers of solar energy from within Greece to further reduce its cost base. This potential new supply should bring the Company's energy cost down even lower and provide a unique advantage to its business model. Showing the mentality of our BOD and leadership in keeping costs to a minimum to create true shareholder value!
Further the significant cost savings against its initial budget for the purchase of plant and equipment which are in excess of the value of a previous CLN. As a result of these cost savings, the repaid the CLN in its entirety.
All positive steps and a crop that is probably very very close to maturing!!