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0.8¢ the calmer co international limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-42

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Stockholm

1,375 Posts.

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01/08/24

14:14

Post #: 75027590
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Originally posted by Cadel: ↑

Yeah, Nah, you can't add inventory and marketing as spent like the capital works. Even if they do spend more than an extra $500,000 on inventory build up which I don't see, those costs will not be there the next quarter because the inventory is built up. So the $500,000 does not disappear down a magic hole.

I'm still backing so more CR's for running the business, even on worst case scenario of 2.26 quarters I'm hoping to be profitable already. I am not discounting a CR for some type of opportunistic purchase. They have been aggressive since the start even when they had zero cash. I imagine they will not slow down when they are making a buck.

I do totally agree with Leapzig abut you not being that stupid, but have to wonder sometimes.

Expand

why was the $500k for inventory part of the use of funds from proceeds of the cap raise? It’s an expense as far as I can tell.

and how will CCo be profitable in 3 months time?

Even if their new processing facility achieved an economy of scale this may not be operational for another 6 months (construction commences october 2024)?

asking as a stupid person. Thanks

Last edited by Stockholm: 01/08/24

CCO Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $17.61M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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