Ann: Placement issue of shares and convertible notes - App3B, page-3

Just re-read the original announcement on this from October 2018. Normally I take company forecasts with a bucket of salt, but these guys have a track record of being pretty straight. Some highlights:

"... the Company expects to be demonstrably cashflow positive in calendar year 2019..."
"Initial due diligence on the financial merits of the Company’s intended expansion suggests very strong returns on invested capital..."
"The Company expects to complete all operational, executional, locational and financial due diligence in the near-term and be in a position to commit to its initial Phase II expansion (with a circa-45,000cft per annum capacity increase) in first quarter-2019."

Phase 2 will deliver an additional 45,000cft pa on top of the current 25,000cft pa. That's a 180% increase.

Now is not the time to sell.