RE: Great news28 Nov 2024 09:10
Ah, now read the RNS more carefully (its early here in the US!)
'the receipt of a new purchase order for 2025 of up to 30,000 tonnes from one of SMG's major clients, which contributes substantially to the forward-looking revenue profile.' It doesn't appear to be an ADDITIONAL 30k tonnes, so how many extra tonnes have they ordered? Also , without the profit margin we cannot tell how much profit we are making for every tonne sold. Typical Peters RNS! No wonder the 'market' response is muted....