When they mention 30% down (lower end of 25% to 30%) from last year It would be nice if that is profit including the write down, but that is probably wishful thinking.
If cash flow is 30% down from last year they should be able to generate $30M for year.
Not bad for a co with an EV around $125M.
Surely its huge level of retained losses have a big value too.
Happy to be a new shareholder.
Ann: PRT interim results - media release, page-4
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