Shares outstanding <36 million Greenbriar Webinar https://youtu.be/j3KHhz4wlFE?feature=shared
Greenbriar has a very low market valuation with huge potential from two projects very near the construction phase.
Sage Ranch should start construction in Q3 or Q4 2024
It is a real estate community of 995 exceptionally located entry-level homes in the heart of Tehachapi Valley, a community located in southern California with 38,000 residents, just 30 miles from Los Angeles County and 80 minutes from the City of Los Angeles.
There is a significant and well-reported housing shortage in the state, and in particular in the southern portion. The current Tehachapi housing market has an average price of USD 447,000, an average home age of over 20 years, and would require repair work for a new buyer. Approximately 750 houses trade each year. Sage Ranch’s brand-new units will have an average price just below that at USD 437k, with a range between USD 299k and USD 549k, and Greenbriar will be selling an average of 150 units per year over the 6.5-year sales cycle for the property. Proximity to major regional employers and government installations provide ample would-be buyers.
Summary Economics: Present value of corporate free cash flow of USD 134.2 MM (CAD 181 MM). The stock is valued at only C$18 million. The project is fully funded for development with debt financing.
Montalva Solar project is a 1,747 acre large utility-scale solar and battery storage farm build with an initial size of 80 MWac or 160 MWdc,(which is about 320,000 solar panels). The Montalva property is located in the very sunny and dry southwestern coastal area of Puerto Rico.
The project has been delayed for years with Puerto Rico politics but is no entering it’s final stages with a power purchase agreement being finalized with Puerto Rico Power Authority
Present Value of Free Cash Flow: USD 125.6 MM or CAD 170.2 MM
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