Results are broadly in line with expectations. The loss was driven by poor performance in approx. August 2017 during the ramp-up of Deflector. The 2nd half of FY17 was profitable and the company appears on track to meet expectations in FY18, so nothing significant to worry about in my eyes. I would assume that most analysts were already factoring in a FY17 loss to their projections, this will transition to a profit in FY18 and beyond.
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
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CEO & Managing Director
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