Yeh I had the exact same thoughts. Dont get me wrong, I think they have done a lot of good work getting the quarry and they seem to be moving ahead quickly with the tailings retreatment plant refurbishment but I have to say it is either costing alot more to do than they anticipated or management are hopeless at estimating their cash flows for the quarter. Last quarter for example they estimated $385k cash out for Q3 and actual was over $1.6m. Big difference. This quarter they are estimating $985k cash out so I hope that is alot more accurate. Thats my only concern with SEI currently. They did however say they are expecting higher revenues this quarter from the quarry which is good.
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Yeh I had the exact same thoughts. Dont get me wrong, I think...
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