yep doesn't look flash. only thing I can say is from last announcement they are working on another JV.
I hope they are working on selling some non core lorena assets.
Cash is down to 500k so they will need to raise some cash I would think. Though they are running things lean anyway.
The Lorena deal looks very solid. just need to keep people informed on how the location progresses re the plant.
$5.4m mc vs $6.2m net profit to MAR is compelling.
I will be in for some more soon as i know what the game plan is re cash.
Flux
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