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Ann: Private Placement raises $3.9m, page-252

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19/06/23

08:37

Post #: 68351202
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Originally posted by BigKenny: ↑

If we're talking calendar year, if they're not cf+ by the end of December I will certainly have questions. That won't happen though. As for India, I think the company has other priorities, India is a massive market but I'd give it a couple of years to make meaningful penetration into it.
I don't think Agri is far away at all, as for large recurring income in 6 months, well I'd give it 12. Things take time, and I feel that's been the issue here - people's expectations. As I said previously, the $5m quarter "soon" is entirely dependent upon people's perception of soon. If we get that within 12 months from now, to me that's soon given the position of the company when the statement was made. Remember, all it will take for that to become a reality is for Capricorn to come onboard, that will be a minimum of $8m a quarter.

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the only thing you will talking about Indian operations within the year is trying to get the liquidators to scrutinize many of the “consultants” payments being made over there. Hopefully then you might possibly understand why some insiders aren’t selling shares when the money could be flowing from elsewhere

SPX Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
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