Fair post. If you think they will write off $45m or it will drag out then sure, CR could definately be a possibility to sure up the future $250m of order book. There is no doubt the risk verse reward is currently going through people's minds when deciding whether to invest or not. Ultimately time will tell if it was a good or bad time to invest.
I assume all costs due for the project would be under current liabilities. To be honest I think the $40m as income but not as cash flow has confused some people.
I also appreciate all people's views as anything is possible. It's the ridiculous comments I see on here regarding over reactions on both positive and negative when it is obviously to influence people's decision on investing.
This forum should be about sharing facts and sharing thoughts and analysis based on those facts. Leave all the other stuff for main stream media and keyboard warriors on twitter.
PGX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
