From they way I'm reading it, if the $1.1m payment had come in a week earlier we would be already cash flow positive. Also taking into account the extra one-off production costs that most likely wont be there next qtr we could be looking at a minimum of $3m cash flow positive next qtr. This is excellent news.
Its hard to digest watching a company like KIS that is starting to take off and haven't even got there funding yet for there plant and we are already in production with a quarry plant on the side producing cash flow and we are still at $0.03. Our market cap barley reflects our estimated infrastructure of $30m+. We should be at least $150m market cap at this stage of the company.
Ann: Quarterly Activities and Cash Flow Report Sept 2020, page-3
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EQR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $127.5M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.7¢ | $1.994K | 34.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 314379 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 359478 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EQR (ASX) Chart |