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13.2% 3.3¢ delorean corporation limited

Ann: Appendix 4E - Preliminary Final Report, page-2

  1. dannyism
    636 Posts.
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    01/09/21
    10:14
    Post #: 55739339
    I know this is old news but two million cost blowouts on Ecogas project and BLM project for a company with a budgeted net profit of 2 million.

    Biggest problem with this company is the thin margins. It's easy for operations or capex to have massive blowouts, IMO it happens more often that not. Don't even get me started on plant commissioning...
    DEL Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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