RE: Technical Analysis - key Fibonacci levels ahead8 Jul 2020 13:22
Jettydog In relation to your 10.59 post I am invested in both EQT and PHE and my view is that they are both likely to move into profit about the same time. PHE only nees to sell 2 - 3 DMG units to be profitable. The license fee ia payable annually so it is not a question of having to sell 2- 3 a year. Protos is one so they only need to selltwo more to be profitable. I suspect from some statements within the annual report that Peel is moving to apply for panning permission on the next couple so it is quite possible that three will be operational next year.
In addition there are payments for exclusivity agreements if agreements in addition to Peel are concluded this year then PHE might ven break even this year.