SeeThruEquity Initiates Coverage on Bion Environmental Technologies with a Price Target of $5.25

SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, announced it has initiated coverage on Bion Environmental Technologies Inc. (OTCQB:BNET) with a price target of $5.25.
As quoted in the press release:

Bion represents a unique opportunity for the speculative investor. The company’s business model is dependent on policy change and a shift in consumer demand that, while it looks inevitable, has not yet been completed. After 25 years, Bion is still pre-revenue; however, the potential rewards if the company is ‘right’ – and the overall trend, especially at the federal level, seems to be moving in that direction – are dramatically large and could happen very quickly. Bion’s technology has been proven to ‘work’ and it is accepted by various key regulatory authorities. Further, the pollution source that Bion’s technology addresses – livestock waste – has been acknowledged as one of the primary drivers of what US EPA calls one of the greatest water quality problems in the country today. It has also been independently demonstrated that the economics of the clean water strategy supported by Bion are far superior to the way we currently deal with water quality. However, the final step – the policy change required to gain access to the public funding needed to implement innovative solutions – is ongoing and opposed by the entrenched interests.

While our analysis indicates a fair value estimate of $5.25 per share, implying an upside of 483.3% from the recent price of $0.90, we believe that given the nascent space BNET is in and if the company is able to prove success with its initial projects, it is possible that the new projects will mount at a much faster pace than we have forecast. We will therefore be observing BNET’s progress carefully and address adjustments to PT at that time.

Connect with Bion Environmental Technologies Inc. (OTCQB:BNET) to receive an Investor Presentation.