Jemalong only started operating at full capacity in late June so we will need to wait at least another quarter to see what kind of contribution Jemalong will provide at full capacity. I also note that its winter time so we will need to wait for the 'sunnier' quarters to get a good idea of what it will contribute to the financial year.
Looks like Simon and James got plenty of overtime to close the deal "exertion fees for additional services performed in relation to the financial close of K2-Hydro to the Executive and Non-Executive Directors" and I would imagine there were plenty of one off expenses so I'm optimistically hoping we will be close to being operationally cash flow positive. I do note that Genex has hired more staff including a civil engineer and secretary (who seems to be killing it in the socal media department).
Regardless I think the next couple of quarters will be interesting with plenty of news to come.
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