Couple of points.1. quarterly revenue $4.5m, $4.1m came from...

Couple of points.

1. quarterly revenue $4.5m, $4.1m came from high/er margin metal recycling. Based on annual report gross margin on this is circa 13.6%. Given current quarterly at $3.99m I would assume Maddington had got rid of some excess waste accumulated on site via landfill. I assume this cost will reduce in future.
2. assess waste management is bring in more customers and desired waste (high margin) to it's door.
3. I will reiterate my position, I am holding out because the potential on Gingin with it's freehold going concern value of $56m. That is close to $0.10 per share and 5x from today's SP.