Wassa you are correct on one end, that production is going gang busters but while the loan exists I would like to see sales levels that bank a few million in cash per quarter. No doubt the most important thing is to produce profitability but having a huge stockpile although valuable won’t help growing the company and paying dividends. The good news is they only need about 55-60k sales per quarter to make some cash it remains a buy but no need to chase it up anymore. I think we will be at these levels ( 13-15 ) range bound until we have news that product has been sold elsewhere
IMA Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
