RE: 2018 Results: Time for Optimism?20 Nov 2018 13:27
Excellent post Jammer 1. The cash flow and bottom line need to come through in order that the company is re-rated. The success of installation and production is almost a given now - it is the figures that will change things here. Not long now - fine chrome up and running any time now and Platcro will be operating shortly afterwards as well as the extra income from Hernic.
We have one project trying to finance 3 more. In a couple of weeks we will have two projects financing 2 more and in February we will have 3 projects financing one project. Got to improve the finances markedly.
After that JV's with big players for fine chrome and other installations. 12 to 18 months from now - 4 projects churning out cash and paying down debt with plenty left over for new ventures and, at some point, dividends.