1MC 20.0% 0.3¢ morella corporation limited

Ann: Quarterly Cashflow Report, page-27

  1. 13,084 Posts.
    lightbulb Created with Sketch. 2732
    clearly from the report is was not cashflow positive as believed / stated by many.

    seems they have made a fix to some production issues

    total average of 701/dmt including shipping, this isn't good for the industry and sentiment, and with more production planned across the board next qtr, doesn't make it easy to reverse prices I guess

    some possible margin improvement from b double approvals going forward.

    cash is very tight imo and financial position / safety relies on further future ramp up.

    damn super pressure on industry just as its taking off, seems everyone is going through cash at present
 
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