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15.8% 6.6¢ greenwing resources ltd

All looks good, but to my way of thinking, there will be no good...

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  1. stevo
    12,881 Posts.
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    17/08/17
    05:33
    Post #: 26548692
    All looks good, but to my way of thinking, there will be no good news or at least the news we are after, most likely till first quarter 2018.

    How I see it.

    If shipping goes according to plan, we see equipment arriving late October, so allow a month for install and commissioning, that makes it late November before production ramps up.
    Full month of production in December, assuming they work through Xmas period.
    Advise market sometime in Jan/Feb of production result.

    bsm2.PNG
    BSM Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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