MBT mission newenergy limited

cash pos, page-2

  1. av
    2,595 Posts.
    I was pretty happy. They have probably been buying lots of inputs for the ramp up in production, which explains the higher working capital point (mean no positive operating cashflow). The cash flows from that will be delayed...would hope to start seeing cash flow positive in the next quarter.

    Very low market cap ($19milloion) relative to cash and last year EBITDA (6.2million), and given this is a world leader in Jatropha and profitably making standard biodiesel.

 
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Currently unlisted public company.

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