This doesn't paint the whole picture unfortunately. They had about $100m in available funding the previous quarter, but because a) a large portion was associated with DFF and b) alot was restricted, this only left them with not much as actual working capital. They've got ~$25m working capital at this stage, if they have another quarter with operating loss of around $8m and random working capital expenses ($7.7m property/plant/equipment), the balance sheet won't be looking to nice.
In light of that, $1.5M+ rev over past 2 days and today/tomorrow has some volatility currently priced in. Both turbines should be going again today, hopefully they can have another repeat of yesterday or better. I'm looking to see what https://wattclarity.com.au/ have to say about these past few days.
QPM Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
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