that correct.what you havent factored in is the funds that will be recieved from the last deal.i believe they will recieve another $3mil over the next 12 months.that together with what they are going to recieve from Tasmania and there retail product,plus the 30% that new mgt cut in cost should make well and truely cash flow positive. the question is what happens if they win another deal?this is not the old mxl.paul devine is very good in these situations
- Forums
- ASX - By Stock
- ESN
- it will turn around
it will turn around, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online