Hey stezz,
Thanks for your input and I do agree with you that it is fairly priced at the moment. I want to clarify that i was thinking that it can be double the current price by early next year rather than any time soon once they have hit and confirmed the goal of 10,000 tonnes. Assuming that they do hit the 10,000 tonnes in CY18 then that means they will have sales just under 4000 tonnes a quarter by the December 2018 qtr (and still increasing QoQ). This is without taking into account new products and Australian sales too. Once again I agree with you that it does depend on how quickly that $700k figure rises. My assumption was that if they did hit the 10k tonnes then sales is definitely gaining traction and the figures should look promising for FY19.
Hey stezz, Thanks for your input and I do agree with you that it...
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