Morning Yak52,
Spot on, my thinking also.
Will not take many contracts before company gets a solid , positive balance sheet .
Bring on the divies.
And we have over $101,229,870.00 USD In accumulated losses , as of the last Annual Report, 26.2.2021, to be absorbed before any taxes due.
So by my math this means the company can receive profit of roughly $300,000,000.00 USD or Roughly $422,586,000.00 AU
Before tax is due in Australia.
Hopefully happens sooner then we all think.
Regards,
Esq.
NOT FINANCIAL ADVICE.
Morning Yak52,Spot on, my thinking also.Will not take many...
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