Caught me... I would have gotten away with it, too, if it weren't for you meddling kids.
It's been a good 2014 for Ellex so far. $0.40 is a great milestone. Nice way to end a Friday.
The easy gains have been had though, further success will depend heavily on the FX rate translating to increased operating cash flow and profitability + milestones being achieved in 2RT programme.
As noted before, the potential of 2RT is simply massive and if proven... well.
In the near term, I would like management to issue a little less equity - but I do have confidence in them to make sensible decisions in the interests of the shareholders - and if the extra cash is being applied to the 2RT programme then I am supportive.
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