- The last 2 quarters management have specifically stated no intention in the short term of a capital raising unless its for a M&A. - They have stated the Ivory coast addendum (which you would think would have a margin of at least 15% - Ie $11mil+ AUD margin? ) positions them for a long term O&M contract - mention of a confidential client W2E project in the USA that will treat 9,300m3 / day wastewater. Potential close 2024. - Medium term target (3years??) of Revenue US$120mill and EBITDA of 10% with a focus on RR. - US $20M+ waste to energy agreement with JBS Foods
Yes there are delays and its frustrating, but to me it looks like they are finally gaining some significant traction....
