Still avoiding reality I see. I didn't claim they were selling no product, that is your misrepresentation of my argument. It's clear to see how much product they are selling- it's in the accounts. That amount is tiny, and less than the amount they have produced.
You keep claiming there is a large market for their product at elevated pricing levels - you haven't produced any evidence for that.
If they can't even sell out their harvest of ~240t of heartwood, you should be able to see that they can't sell the 10,000t/yr that constitutes the vast majority of future years' claimed production at anything even vaguely approaching the fantasy pricing levels they claim. That makes them bust.
- Forums
- ASX - By Stock
- QIN
- Ann: Material Terms of Employment (Chief Executive Officer)
Ann: Material Terms of Employment (Chief Executive Officer), page-24
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin