Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

  1. 465 Posts.
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    Not looking bad.

    Expenditure is low.

    Another spin this quarter. But expecting a larger one.

    Reasonable to expect ramping up scale to 1 tonne a month by mid next year. Makes sense they would wait for feedback before next spin. But also once the spin are what the customers want, they'd just spin after spin. Spins in parallel, spins at scale.

    Looks like the only thing keeping this minnow from being a gorilla is production at scale.

    Price has dropped considerably over the last 18 months, but it's tightly held.

    Personally way down on this but definitely a 12 month hold for me.

    AIMHO, DYOR, GLTAH
 
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