I think the positive thing about this company is that there will always be R&D, therefore will always be R&D costs. Fortunately we have R&D grants to cover that, for now. At this point I think that they are using R&D grants for pilot plants for ibc and other synergistic developments with proprietary tech.
Speaking of sales teams, I saw another position on Seek last week for an NT Sales Administrator. Nothing special, but good to see them building the sales capabilities.
I expect a near break even, and have my fingers crossed for slight profit. Next quarterly is a write off due to the Mawpump transaction, so this is our last shot at a cash positive quarter until Q4, at which point I suspect the Feasibility will overshadow the quarterly. If we don't reach break even this quarter, I suspect a big part of that will be inventory costs. I guess we will find out in the coming days. Probably a 1PM AEST announcement knowing this lot.
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0.8¢ |
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Mkt cap ! $22.13M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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15 | 3303412 | 0.007 |
18 | 10922383 | 0.006 |
6 | 10990009 | 0.005 |
4 | 3500000 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 2028270 | 5 |
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