According to the report, which admittedly was not very well explained, they have started selling from the KMP, this is revenue that wasn't reported in the quarter that should hopefully reduce cash burn. They state that KMP should soon be around breakeven for NdFeB production. Going by the cash flow waterfall, this could reduce cash outflow by as much at $16.3 million.
This could hypothetically take cash outflow from ~$22.3 to just $6 million, or 6 quarters of cash.
These numbers are very generous because they only refer to NdFeB production which wont be all the KMP OPEX, but it does show to me that the company is heading in the right direction.
I was previously a holder of this stock as it ran up in 2020 and I have recently purchased again.
According to the report, which admittedly was not very well...
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