So what justification can be applied to a plant upgrade that cost millions and under utilized? What happened to the focus on increasing sales and revenue via full plant utilization - or is that just a failed venture that holders stumped millions up for?? Perhaps it's management that did not see clearly?? As I recall it is management that indicated that they were still 'learning' about their markets - after the plant upgrade.
Lets hope this step into green concrete is a bigger success than the failed expectations of sales via a plant upgrade costing millions and producing sales in first gear albeit now seeking niche clients prepared to pay premium product prices.
What one sees currently is a share price being a shadow of it's former self - but of course if or when profits start rolling in that should positively change - just when that will be is as yet unknown - and SUV was supposed to have been in profit by now from the plant upgrade and increased sales from there in. Go SUV is right - go and start to make some money and please, with no further dilutive cr's.
SUV Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
