DespiteUncle Ross' aloofness and the laughter from his toadying entourage of wannabees, the AGM was ok with a rock solid performance from Newmo.
Keyissues for me 1. Whyis the company sitting on circa $80M cash if FY19 cashflow breakeven and onlymodest capital outlay for Canadian expansion?2. Despiteonly $4M ACV growth these chappies like to surprise on the upside, suspectholding some back for next update. 3. Action shot follows, apologies for the Ranga in the foreground.
Cheers Nachode
NEA Price at posting:
$1.50 Sentiment: Buy Disclosure: Held
