Another important point, which you're fully aware of but clearly his lordship Icarus isn't, is the fact the this facility Usd 15mil or circa 20 mil AUD can be recycled at least 4 times per year so allows EN1 to reach a yearly revenue in fy20/21 of 80 to 100 million compared to this FY circa 25 to 30mil. That equates to ebitda in next year of potentially 30 million ++ and at very favourable rates to current factoring facility, regardless all offset against taxable profits. Net0 will also have the benefit of attracting increased traffic as the supply chain love cash upfront. Dyor @Icarus I think we're all board to death trying to enlighten you. Good luck all, next few months will be massive imho!
EN1 Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
