Encouraging that we are cash flow positive without any significant contribution from the newly refurbished plant. Note the dramatic drop
in refurb costs.
Also pleased that at the same time we have the ability to repay a chunk of the unsecured debt along with a date to repay the full amount.
Shows that management have confidence in the track that we are on.
Suggest that the Sept report will be a different story.
Looks like a scenario for a substantial re-rate later this year as "denial" has predicted.
Cheers KCN
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