here we go little keyboard warrior buddys.love how quick you...

First 4 Last

Share
Profile

Follow
NSZ

179 Posts.

21

22/12/20

15:26

Post #: 49758759
Share

Originally posted by PH441324: ↑

"We have got enough monty in the bank" - Cash in bank at Sep 30 was $7.264m and we're burninf through $2.5m per quarter for operating costs alone. Assuming cash at Dec 31 will be ($7.264-$2.5+$2.75) $7.51m. This is just enough to cover three quarters operating costs. So NO we don't have enough cash in the bank for a "cracker of a year", and I haven't even factored in any capital expenditure on Southport.

"New CEO joining in January" - Per the last strategic announcment from the board, the search is progressing well with a further announcement in January. Take off your rose tinted glasses when reading announcments.

"Southport contracts in early 2021" - There has been absolutely no confirmation for the management of the company that any contracts have or will be signed. The company is " applying to the TGA for approval for additional finished dosage forms to be produced at the Southport Facility" and the CEO and COO have a "desire to expand and diversify the Company’s manufacturing capability for its extracted products to broaden its market
positioning". They're a long way off announcing contracts.

More BS from this guy. What happended to the $6m investor you told us about last week little buddy?

Expand

here we go little keyboard warrior buddys.
love how quick you downrampers have a something negative to say when things are looking bright.
THC soon to be EPN is one of a few if not the best cannabis stock on the australian stock exchange. mainly because of there southport facility and currently holding all permits required to produce grow and manufacture cannabis oils and products.

Just to reassure you nobody will dump 2.75 mill in a company if evidence were not there and clear.
so cheers to all my little buddies.
if your not comfortable to keep holding, sell your shares im happy to take them

THC Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply