TZL 9.09% 2.4¢ tz limited

very good quarterly report, page-4

  1. 5,277 Posts.
    The quarterly report does highlight progress. I am content with this. We should remember that this is just a quarterly report and not a place for company maker information. I am very happy with $5m in revenue as we have so much more to come which will make $5m look like a pittance.

    I am not sure about the supply issues and what has gone on there. I suspect that our low cash balance and therefore low stocking volumes exposed us to this risk. In the future when we are cashed up, I'm sure we'll be keeping enough in stock. I just hope that our creditor balances which have not been reducing, have not been the cause ie refusal to supply bad payers.

    Now that the demand is there, we just need to swallow the final bitter pill - a good sized capital raising, and then we should be away.
 
watchlist Created with Sketch. Add TZL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.