I am certain the margins are solid guys (circa 40%) - key is to clear the current inventory and then more importantly sell product on a month to month basis to a growing (new) customer base!
I think the September quarter will be still mixed as phase 1 only commenced midway through the quarter but by the end of December quarter we will have a full phase 1 production profile under our belt and this will determine if this beast can fly!
The screen looks a lot better! let's hope communication to shareholders improves In line with this update and we can start to value CFO properly on the market.
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- Ann: Successful Production Ramp-up of Phase 1 Expansion Start-up
Ann: Successful Production Ramp-up of Phase 1 Expansion Start-up, page-14
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