RE: Proactive7 Nov 2018 08:47
Agreed dealer
Pricey is confident without arrogance which is a good sign
For what’s key here are several factors
1. Industry and sector - Global waste management market is expected to grow from $285 billion in 2016 to $435 billion by 2023
Key markets are Europe and South East Asia and USA
Global renewable energy market was valued at $1,469,078 million in 2017, and is projected to reach $2,152,903 million by 2025
So these are massively growing markets which we have a unique entry point given our two fold solution which can solve the waste management and clean energy issues
2. The financial support
We’ve been given a vote of confidence from the lenders which is an increase in the facility to 10m- It’s pretty obvious that there are aware of the future business plans of the company - and they’re confident in lending the extra money in order to fulfil the plans.
we have no placing coming and we are fully funded now to start projects and execute the pipeline
3. Cobra alliance
This is an important strategic alliance for us as they the biggest EPC contractor in the world with revenues of approximately 34 billion
There are very hot on the renewable energy sector given that they recently are looking to invest 450 million in the Scottish Windmill project
They’re key for us getting new contracts as well as helping us execute current pipeline
4. Other factors
CT3 engineering hiring
recent director buys
a change in the management structure
all of these indicative of the fact that they’re willing to execute the pipeline soon and execute the business plans so I’m very confident and that will be able to announce contracts and generate revenues from pipeline very shortly
These aren’t small deals - they will have to do a lot crowding ts and dotting Is
But when they do land - they’ll be several multiples imo of the current Mcap hence why I believe we’ll get 2 year highs