the reality of yesterday's agm okay simple numbers...

the reality of yesterday's agm okay simple numbers guys

US1.25mill for 4TS sign = $1.6mill AUD/year
Expenses of AUD $75k/month = $900k/yr
Therefore LUM expected to make $700k/yr on 1 side of 4TS

So they will need all 4 sides of 4TS to get cash flow positive - which is going to take a further investment of $6-8mill

Work it out in your own heads what LUM's future is next year - a share price higher than what it is for a little while, until the fundamentals start waking people up, that you can't run a company that is cashflow negative for 5 years and have a strong share price