Tritium Supply Order Progress, page-3

I'll try.
# The financial report is a snapshot at the end June not when the report is released......So 6 months to fulfill the remaining Tritium contract.
# Inventories are reported at cost & assuming that a large part is either finished goods or work in progress , it will be sold at a higher price....Given the average RFT gross profit margin of 50% , one assumes that a large part of tis inventory will be sold at twice the cost it is reported at.
# Does RFT have enough working capital? ....There is >$8m net working capital with working capital ratio of about 2....I think it is quite sufficient......RFT used to have lower net working capital around $6m & run a much lower inventory level.
This brings us back to the $3m that RFT borrowed that boosted net working capital to help fulfill the large part of the Tritium contract.
We wait & see.