re: what a tight noose. 18,000 units of 20 litres is 20tpa? 20 litres at 5% = 1 kg API x 18,000 = 18 000 kg!
And where is that massive improvement in production capacity?
This company is a real dog -
Bad Management -one that has a problem with corporate governance according to the ASIC charges.
A chairman that doubled his remunerations and his board members' in a year of extreme bad performance.
A chairman who crowed about the great logistic discovery in sending a sample to New Zealand.
A chairman who crowed about how unusual for MHI to subscribed to unsecured bonds only to have them secured immediately there after.
A great white knight who signed a $1.5M contract just in time for the 2004 capital raising that ended up with less than $40,000 revenue last fy. The great white knight had since came to the rescue again with a $1.4M sales contract. $1.5M + $1.4M contracts = $1.4M shipment in the next 9 months.
Just dont add up!!
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