Dec. 29 at 10:31 PM
$BCHT Bull vs. Bear case in 2026:
Bull-->
1) CERT does NOT appeal. Collection is somewhat straightforward. BCHT exercises it's historical NOLs, wins lawyer's fees and ends up with post-tax $ of
$50-60M in Q1
2) Second PR blitz with this information
3) announce two near reactivated GAC facilities WITH 2-5 major municipalities and off-take agreements-->ramp to
$100M in revenue in 2026 w/ 45-50% margin
4) they fund 10%. RM said ROIC is roughly 3-4 years. Assuming
$50M and 50% gross margin when it's all running, this looks like an
$80M investment per unit. That's
$16M of the
$50-60M
5) They spend
$5M to build out their two analytical facilities with more people and equipment
6) They uplist end of January
7) BCHT moderately grows AIR to
$25M-
$30M in 2026.
8) They successfully sell media sometime in H1 2026
9) new institutional coverage in Q1
10) special dividend (maybe
$5M)
2026-->
$25M in air,
$10-20M in water, off-take agreements in 2027 for
$100M ...with tens of millions in cash.
PT-
$3-5