AJX may become capital constrained as it ramps up production, page-46

From an email that Pinto received from Nick yesterday.

Have a look at those numbers, they are magnificent, once that amount of revenue hits the tally board (and it sounds like the company is confident) the SP will only go one way, and quickly.

Also the cash break even that has been predicted for around mid year seems it will be achieved easily IMO.

If this predicted amount of revenue is achieved then I'll be very surprised if we have a CR outside of the listing and even then it would be very minimal.



I got this from Nick out of the blue - no trade secrets - he is getting a bit of flack I think - I won't post the entire email (you can guess - he is tired etc. )


".........Conversion for the 18.5 m CY is done, it's converted.

The trails are at maturity and make up the potential and let me repeat potential for the up side to the 43m

................................

1 - our 18 mil is converted
2 - we increase our revenues next year being on the back end of trials that make up our potential number.


How good is that from the CEO!
Thanks Pinto.

AIMO
DYOR

Cheers.