With no reaffirmation of guidance given late Feb, this looks like a profit warning to me ....
"It is also worth noting that certain factors outlined earlier (ramp up, weather and COVID19) have resulted in both the EBITDA and cash conversion percentages being lower than the expected longer-term levels ..."
To hit bottom end of EBITDA guidance, MSV needs to to achieve $13.9m EBITDA in 4Q when compared to $8.6m in Q3.
Ann: Quarterly Investor Update, page-4
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