Beaten down and cashed up, page-10

What we really need is a customer in Brazil to commit to a local supply contract. The shipping costs are still too high, which is probably why the company isn't sending its product overseas.
The company has a significant cash at bank balance and continues to increase their stock pile, when you take into account the net tangible asset position this stock is a bargain.
The SP may be affected by end of financial year CGT selling, given its 30/6 today we may see a change in sentiment coming. Sign on a Brazilian steal mill and away we go!