From the report:
Cash balance $3.1mill. Raise from cr was $4.5mill less costs. Without raise??
There is still a $1mill debt though repayment deferred.
Revenue growth was circa $1mill from last year. Company sold c20000 tons of hydrous kaolin - way below plant capacity.
Capital spend thus cash outflow reduced.
Transparent report but not too flashy. Company expects better result going forward - so do holders.
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