Crazy clearly doesnt understand the need to cover the fix costs component first. Only way to do that is to increase sales to a point where the margin turns into profits. Buddy is clearly there now.
If you listened to the AGM we were told that given contracted orders and certainty of supply they are going to be providing 6 months revenue and EBITDA guidance. DM told the market that part of the PFG arrangement and their DD resulted in a rolling 6 month positive EBITDA. In 2022 they will provide 1/4ly guidance. The days of burning cash are all but over.
BUD Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
