Yes, some good maths by Jimbowie, and good logic. They have everything to gain by supporting MOY into a next stage of plant upgrade and production, and ensuring it is as well run as possible. In reality it should be a move that builds confidence rather than undermining it. A month and a half t go to see if the production targets are met and then hopefully confidence will return. Its still a bit unclear though whether the next stages of plant upgrade (INOX and PINOX) scheduled for later in the year and early next year will also be a drain on finances, or whether they are relatively affordable, and MOY can get back into a positive cash flow position.
MOY Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
