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Harvesting & Revenue, page-567

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twmochi

880 Posts.

156

21/11/19

15:18

Post #: 41558722
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Originally posted by moorookamick: ↑

IMO, most posters on these threads realise this but ag services income at present simply does not do it for CLI's SP.
CLI launched at 20c/share based on its ag services potential only to see Mr Market mark that down to 1.32c before
the current hemp farming project was announced.

We now have a Mkt Cap of $12.91 mil with the prospect of a $40 mil harvest with a profit of at least half that, IMO.
If we end up with $20 mil in the bank and a Mkt cap still of $12 mil odd, the wise guys will take us over in a flash, IMO.

A favourable harvest report should see the SP return to 6c quickly, IMO, and improve every sale after that.

Expand

Not really - one year's revenue of $40 mill means nothing. It's about establishing sustainable and growing cash flows every year. The way the hemp market is going, hard to say how next year will look

CLI Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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