I found this a bit puzzling to be honest. They have maintained guidance at $50-70 million, yet have deleted the Hubei Lakes and flag some of the projects outside China could be delayed into 2021. So we have lost some projects and no new projects have been announced.
In the announcement of 3 December the Hubei South Lake was described as large. Yet even without it guidance is maintained. The $A has fallen 10% against the Chinese yuan and that would help achieving the forecast which is in $A, but even so...
We may be in definite projects nearer the bottom end of the forecast range than before, or they are hoping for MORE (?) new projects than before.
- Forums
- ASX - By Stock
- PET
- Ann: Business Update
Ann: Business Update, page-21
-
- There are more pages in this discussion • 21 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 PET (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
PET (ASX) Chart |
Day chart unavailable