general chat/ thoughts, page-1992

I think the positive thing about this company is that there will always be R&D, therefore will always be R&D costs. Fortunately we have R&D grants to cover that, for now. At this point I think that they are using R&D grants for pilot plants for ibc and other synergistic developments with proprietary tech.

Speaking of sales teams, I saw another position on Seek last week for an NT Sales Administrator. Nothing special, but good to see them building the sales capabilities.

I expect a near break even, and have my fingers crossed for slight profit. Next quarterly is a write off due to the Mawpump transaction, so this is our last shot at a cash positive quarter until Q4, at which point I suspect the Feasibility will overshadow the quarterly. If we don't reach break even this quarter, I suspect a big part of that will be inventory costs. I guess we will find out in the coming days. Probably a 1PM AEST announcement knowing this lot.