Exactly what they told me T4P. Upgrade would mean twice the work at half the price equals no increase in profits.
They did say, though, that they had applied to open another plant somewhere (I'm not good with names) to save the waste having to be trucked such a long way to one of the plants currently in use.
They have the cash to expand (or at least they will next year once the options are exercised) and are in a very strong cashflow position. I maintain my view that 10 cents is achievable by the end of this year.
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