Who gives a toss about the gap! Lets talk fundamentals!

Mike and the team have worked diligently since ipo getting the facility to a point where they can now confidently supply new contracts. The problem management now face is where to strategically place the limited amount of both cfoam and pfoam into industries where we can truly disrupt while having enough cfoam to supply 76 ships for the US DOD (BTW = circa $76millUS of Rev or nearly 100mill AUD) . Now we know we can produce at full capacity circa 30-35t cubic feet and with a measly $5mill of extra capital we can double that to 60-70t cubic feet at THE SAME FACILITY. So before we even consider moving to a bigger new site our ebit line looks rather exciting (35t = $7mill Ebit or 70t = 14mill Ebit USD

Now you can all go on about this gap and that but for us fundamentalists its plan and simple CFO at 0.45c is RIDICULOUSLY CHEAP

20 X $9.5mill = 190mill mkt cap or $2.00 a share

20 X $19mill = 380mill mkt cap or $4.00 a share

Gator