based on their investor presentation back in october we should be getting close to approval for australia and brazil.
also plant nameplate target of 18k units probably only a few weeks away.
i must admit however that im not impressed with the 4C. can anyone explain why this companies cash burn is so high? i watched slx over a period of years, they conserved their cash remarkably well, cmq appear to have an insatiable thirst for cash which unfortunately is not matched by their progress in achievements. i hope this changes.
CMQ Price at posting:
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