The bashers are focusing on costs because a healthy increase in revenue doesn't suit their narrative.
As I pointed out, with some calculated analysis, after the last Quarterly Report - large corporate costs were down 45% from the previous quarter, cost savings on manufacturing & operations down 7.5% and staff costs constant. In business, staff costs grow in line with company expansion - so make a note of that experts ............. keep up eddie.
As a comparison, I heard a podcast yesterday that looked at the Top 5 small caps of 2021. Their costs went like this ; Sayona - SP up 1447% - CY Loss $4.38 million Red Hill Iron - SP up 1189% - CY Loss $2.65 million Provence Resources - SP up 971% - CY Loss $14.5 million Arizona Lithium - SP up 933% - CY Loss $2.9million Lake Resources - SP up 887% - CY Loss $3.46 million
Reigning in costs and increasing revenue is what it's all about for a start-up to be successful. The fundamentals of Creso are still good - except for .......... (I'll address that later for you Sadaji)
CPH Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held