Ann: Merger Update, page-154

Nice back of the envelope calculation

On the basis of your calcs, If it can just breakeven on the two shipments already confirmed, personally,  I'm very very very impressed.

Obviously a third shipment this QTR, could bring home a profit from operations, which would be huge millstone I agree.

SP Turnaround recipe

Merger confirmed
ASX listing Confirmed
Third QTR guidance of production confirmed (soon after QTR end prior to QTRly report)
Third Shipment booked and sent this qtr
Confirmation that there was positive cashflow from operations
Offtake or Sales agreement for TA on regular basis announced
Some directors buying post merger to show they have confidence in the new entity after the pain they caused with this seemingly poorly managed merger, nearly a year and 50 percent share price destruction
Directors not being too greedy looking for a huge amount of free shares after the share price destruction.
Increased second half production guidance.


Get all of that, IMO this company will go much higher than this 26 cents.

Anyway dreams and recipes are free