we've got great products, but the main reason why i hold is because of duchess to pay for these great products...we draw down frequently because we need it, lets face it the cost to produce a metamizer is high, we're not growing rice here...the srilanka order alone will cost $10million as stated in the last research report.
a capital raising is a no brainer, its gotta happen and will after the export deal is announced..i will participate but only if i can see another potential order coming through and a significant sp increase.
i get the feeling that an order from another country will not be as complicated as srilanka..dealing with Japan/Russia/China/India they will not muck around and go bang with order/contract/ship/supply/maintenance within a month or two...and thats what keeps me interested as well
MDV Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held