I went to the meeting and did not stay for the whole bit. However the news is that the min price that the company wuld settle for is $1000. No final pricing has been announced.
Profit Margins would be around 65% and no sales would take place till the Tax strcture is set up (if they have to pay Russian tax it would be around 55% and hence they are trying to base the company in some other Eiro zone).
Current production is around 1440 dozes per month and from next year they expect $8MM sales per month.
The company has big aspirations of becoming a billion dollar sales company within 5 years.
It sounded all impressive - I think the stock will rise tomorrow.
- Forums
- ASX - By Stock
- SLA
- well performing and credible company
well performing and credible company, page-13
-
- There are more pages in this discussion • 11 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
Add SLA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online