re: a strong buy now ? Probably is a strong buy now and would be a stronger buy after;
1) the release of the Q1 financial result this week - my model shows that they lost $1.5mil, and
2) clear unequivocal guidelines on their forward plans and how they intend to finance their expansion - I want to see it on paper that they intend to wait for profits to kickin from the first two or three operations before committing to an SXEW plant(which the current Haywoods report shows as costing $US65mil).
Very hard to buy the share until this is out in the open.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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1 | 498000 | 0.024 |
1 | 43478 | 0.023 |
2 | 142845 | 0.021 |
5 | 351995 | 0.020 |
Price($) | Vol. | No. |
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0.027 | 130668 | 1 |
0.028 | 100000 | 1 |
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