From the report:
The Pittong Operation demonstrated improved financial metrics based on ~35% plantutilisation.
The Company continued to progress customer engagement efforts to offtake additionalproduct from Pittong and leverage the operation’s 60kt per annum nameplate capacity.
So, quarter by quarter a very slow uptake - the plant has been upgraded ages ago and still way underutilized at only 35%. Hard to make a quid under such under usage conditions. With much time passing, the plant is still in only 2nd gear. At least there's some life in revenue growth, albeit modest.
Green concrete focus may in time increase revenue - just how much time? In any event, hope it's quicker compared to the plant reaching full utilization.
Can see market being under excited. AIMO
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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Mkt cap ! $30.28M |
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No. | Vol. | Price($) |
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1 | 100000 | 0.029 |
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Price($) | Vol. | No. |
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0.032 | 700000 | 2 |
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0.035 | 700000 | 2 |
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