Does anyone have any detail on the 'other operating costs' component? I can understand tallow is expensive at the moment, and margins are tight - but surely they're not selling fuel for half the price of the cost to produce it?
Year to date, receipts from customers $948'000, other operating costs $1'868'000. I don't understand why they would run the plant if nowhere near break even.
New contract has been signed, but if the current reports are anything to go by, the more product sold, the deeper the losses..? Can't see an end to the cash burn, would like to know what WAS has in mind - as nothing about the current situation would come as a surprise to them.
TEK Price at posting:
1.9¢ Sentiment: None Disclosure: Held
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