With the carbon dioxide pollution crisis impacting China more drastically than any other country in the world today, Sinopec is leading the search to build environmentally friendly, energy efficient and financially sustainable power plants of the future. SNEC has identified NCF's technology as a route to fast tracking these objectives at a time when immediate action is required.
That's a huge vote of confidence for NCF coming from the Sinopec Group which according to Yahoo Finance has a current market capof$671bn USD. The fact that such an enormous company is showing interest in GER with a market cap of just $11.8mn USD speaks volumes for what they think of NCF's technology and what it can do for the company going forward.
This is a potential company maker right here and right now for GER depending on what happens over the next few months in relation to this agreement.
If management can pull it off it will be the end of the currently ridiculously low market cap and share price once and for all. Luckily I'm already fully invested. I wouldn't want to miss out on an opportunity like this.
The current share price has no upside factored into it whatsoever for neither the Vivid Industrial business nor the NCF business and the former is a multi-billion USD market while the latter is a trillion USD market!!
GER Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held