RE: Fluff31 Jul 2018 10:06
i dont agree, its a trading update and its not unusal that they dont give specific numbers, EBIT etc as this is kept for the interiums.
now i agree we are still loosing money and this is reflective in the loan note, for 300k, interestingly we dont know whether the 1 million loan facility has been used or not.
the production volume has increased which i base against potential sales/agreed sales, revenue obviously up and some good examples of growth customers.
i didnt expect anything more detailed than this but hoped for higher revenue. i think the sp will not change, it will now wait for the next 6 months update as nothing in this assures breakeven point. some of the sales potential are really good and if this doesnt get highlighted and pushed its game over anyway.
if they had announced seperately a chinese order for 5000T everyone would have thought that was outstanding, if delivered well this will then open that door. the indian guy has bought into the business so he will buy at some point.