All things considered, I think the announcement has showed that the company has made significant improvements, and is now heading in the right direction.
I would like to see a greater profit margin with the operations at Moolap, despite the efforts to date.
Excellent to see 500t of AL80 being sold, and multiple uses for the product. If this can be used for road base, concrete, etc. then there shouldn't any problem selling ALL of the AL80. I'm sure more sales and applications will be found this year, ie building material (bricks, etc.) I guess this explains the movement of the bags, which Slick & Rod posted about recently.
Going forward the filter should further improve operations. Hopefully management keep share holders well informed on progress, throughput, etc. I would also like to see more announcement for any addtional AL80 sales.
Butchy.
Ann: Quarterly Activities Report , page-18
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Last
40.0¢ |
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0.010(2.56%) |
Mkt cap ! $163.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.0¢ | $34.82K | 89.23K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 17614 | 5 |
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| VYS (ASX) Chart |