RE: Momentum15 Oct 2018 20:00
I think profit is close, they might be breaking even now month on month, depends on the length of winter, plant orders as to whether this carries through to an 12 month period break even as yet, Ie 2019 calendar has a bette chance of break even.
They don’t need that much, they stated this year aim was 20,000 tons, if next year the same and 50% mix that’s at least 9 or next million, more if tiles. That as well isn’t a silly annual amount. Say 3.5 million for costs, 1 million for capital rest is debt needs and divi??