Member Info for Merlin0

Rns released yesterday
Miton 2.24% (364,330) as at 17/5/2019

Go

Bit of miton dregs left
And away we gi

Moving up swiftly

Small tick up,good to see reversal and now moving upwards freely

2 trades and boom +18%

Get the feeling that the mms are very jittery on this one,surely this has to re rate soon given the credentials

Bid 95/1.3

Bid ticked up a tad

Makes the value of this company seem ridiculous at this price

Seems cheap for a company that has a value of 3 1/2 million and projected sales of $14,000,000

Just been reading through production expectation....
It is expected for the plant to run between 2000/2500 m/t per month from the mill and current prices are $588 per m/t for palm oil so the annual projected minimum at 2000x$588 x12months is an estimated $14,112,000 (gross figures)
Anybody like to enlighten me as to what profit margins are we looking at please?!
This is only based on 1 machine running at 30 m/t per hour

Nt ti buy at mo

Will try to get info from them later
Thanks

Anybody got production figure estimates?

Thanks,thought i was the only one here

High volumes over the last four days(almost 8fold),steady positive progress being made and the share price has dropped back by 40% almost?!?
Generating cash after years of investment in infrastructure etc and still no increase in capital,what am i missing that is negative?

Last orders £2500 left at 1.147

Lse out prices are approx 16% higher than shown here

800,000 buys in the last hour and not a squeak from anybody