1MC 2.94% 3.3¢ morella corporation limited

Investor Presentation, page-524

  1. 426 Posts.
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    I hope that people are realistic with regard to their exceptions for the quarterly.

    For me I hope:
    A greater than 85% level of production as we progress towards nameplate
    Cash flow positive
    Sufficient cash flow to comfortable cover the all costs going forward including all interest payments
    Overall a positive vibe

    I would expect such a announcement to be well received and a steady share price increase over coming months.

    IMO it would be unrealistic at this stage to hope for:
    100% or over name plate production
    Rolling in cash
    New refinancing at better rates
    Commencement of Stage 2

    If we have achieved nameplate and some sort of customer supported Stage 2 announcement then the share price should lift significantly over a shorter period.

    If for any reason we have not progressed from the 70% of nameplate, are not cash flow positive and can't cover the interest payments then the share price will be punished.

    Whatever is announced a clear strong indication that a CR will not be required is vital to maintain some degree of support.

    Cheers

    Newbie Thomas
    Last edited by newbie thomas: 11/01/19
 
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