Hi Hatmopit, yes i think we all agree that we are surprised/dismayed at the smashing of the share price, but i feel that is now in the past and now we need to look forward to a rosy future so i I feel
whilst it has taken longer than they thought, to say they haven't been able to sign up kaolin contracts is not correct.
They are 15% up December 23 on December 22
Revenue is up circa $2.5 million over 6 months
Nearly $500k new customers in January and i hear there are some big contracts currently being negotiated.
I think it's more accurate to say that they have not been able to sign kaolin contracts to get out of cash burn mode as quickly as they thought might be possible.
I think we are now on the verge of becoming fully profitable to drive the green concrete business via the kaolin business underpinning everything.
Fully sold out Pittong should give approx $10-12 million profit but then we have Trawalla, where we could possibly triple that profit. Green concrete could produce $$$$$$ even more
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