Could be multiple reasons we've gone with Xinhai for next expansions; better finance terms and price, experience, better equipment, manufacturing time frames, the list goes on and on. I see Xinhai will also be optimising the existing plant to ensure 63-65%fe, which means our profit margins have a very good chance of increasing.
All up, very good news, to me it show's big confidence that management have no fear of cash flowing soon, now we sit and wait for the big PO/'s announcement's as we gear up to 24hr production in less than 4 weeks, no idea why anyone would want to be selling on this news with the big month that lies ahead.
- Forums
- ASX - By Stock
- ELE
- Ann: Strategic EPC Cooperation Agreement
Ann: Strategic EPC Cooperation Agreement, page-17
-
- There are more pages in this discussion • 367 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)