There has been a lot of speed humps. But we just need to hope that management can getthe company to at least a break even point soon. If they can then the company is in a very good position in coming years with water scarcity issues.
The situation is a catch 22. The longer governments and companies don't put a value on water and high usage continues the higher the value water will be when it is priced.
The higher the priced put on water will mean the more FLC is used. FLC can provide water services a lot quicker than competition but they are also more expensive.
My concern is what the cash burn is like before this happens. The recent CR gives us a good bugger to prevent any delays causing issues on balances. Id like to see costs cut further though.
There has been a lot of speed humps. But we just need to hope...
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