You know that feeling when there is a storm coming and the air pressure increases as the sky darkens and the wind dies down.
That is the territory the PIL ship is in right now.
The quarterly will show whether it is a much needed cool change in summer. Or just another winter storm for a bourgeoning start up to navigate through. I believe it will be the former.
We will start to see the scales tip toward profitability (although perhaps not entirely there yet), with increased revenues.
The EMI is taking longer than expected. However, that isn't a concern to me, given the well advertised inevitability of the EMI being granted. This will increase the access to market (and revenue) in the Philippines.
ATB to the holders.
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