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clock Created with Sketch. 03/05/20
13:06
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Originally posted by edshann:
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To put some rough numbers on cash flow, overheads using Newing numbers (which may be too low given the new factory costs and extra management) are around $12 million for the first 3 quarters and if $40 million of work is done in the first three quarters at a gross profit margin of 50% then related costs are $20 million. So expenses of around $32 million by the end of the third quarter.
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Ed, I’d love to see you get all your best thoughts together and ask a couple of the most relevant questions you feel in the AGM thread. I believe you walk the fairest line in hopeful and cynical devils advocate.
(20min delay)