2021 accounts issued.3 points immediately stand out.Sircel...

  1. Tarvold
    20,847 Posts.
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    30/05/23
    10:16
    Post #: 68028768
    2021 accounts issued.

    3 points immediately stand out.
    Sircel signed a contract for BRP systems in 2021, where are the other 2 BRP systems going (apart from Villawood)?

    Sircel need to spend another $14.45m for stages 2 & 3 at Villawood, what does that achieve?
    Is that expenditure required to to get to 60 tonnes p.d processing capacity?

    Setting up these plants, even after paying $8.5m for the BRP system , is not cheap!
    No wonder they are negotiating a $40m loan facility.
    Last edited by Tarvold: 30/05/23
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