Just had a quick listen but one thing that came to mind was the increase in cash is from a lot of 10% deposits with the remainder due sometime this year according to credit terms of customer.
Safe then to assume cash would be a fair bit higher as our cash position is absorbing capex and opex for the 10% customers.
Would be great to have a breakdown of customer type cash / credit
We must be getting close to them making some sort of decision on the future , so an RNS could come anytime. They will want to clear the way ahead while they still have cash.
I never actually expected as big a drop but decided at 16.xx to sell 300,000 till after the results as I thought their may well be impairments increasing accounting loss and a small drop in SP( little did I know ) In the process of buying them back in stages.
In an interview he said cash had increased , due to profits in 2021, to nearly 2 million . The interview he did with the woman interviewer just before our last Q&A . In fact the woman used the questions we submitted here.
I brought the consultancy fees up before I invested and see they are significantly reduced this year.
The company said that they had made a small profit last year ( no accounting profit) and that this has gone to increasing their cash situation which we can see in the accounts.
If they build on that cash increase this year and there is no reason to believe they will not then we should have a significant increase in cash position less cost of increasing production to 200k.
You can harp on about fees like I did as well as other items in accounts but the fact remains this company is hheaded in the right direction.
I filtered small us because he has never indicated any interest here as an investor or even a shorter which I could understand, to me he is just trolling the board and a waste of time reading some of this posts which half the time make no sense whatsover.
John4242 - Can you outline the areas you think Brian McMaster has been incompetent and exactly what you mean by free spending and whether you can name some of this 'free spending'
Scottish and Wales money should no longer be used by Ukraine — The Telegraph
Scottish Finance Minister Kate Forbes told the Telegraph she had agreed to provide £65m in funding under pressure from the Treasury "for the occasion", but noted "this should not be seen as a precedent".
Her words were echoed by Rebecca Evans, her colleague from Wales, who said she was forced to allocate £30m intended for "decentralized areas such as health and education."