Main issue was the delayed shipping, if we made a December shipment we would have had somewhere between $15-$20million showing up in the report which would have put us to around break even where we expected to be.
Next quater we will have $20million showing up plus another 32-40kt of production coming out of the plant aswell, our merger cost $7mill and development $6mill aka fines eat most of our profit, but those are once off costs.
So this next quarter anywhere from $52-$60mill revenue and $51mill going out with large one off costs included, thats not as bad as I thought.
Time to hit our production guidance sign a new offtake ship material and lets be the first of the new 3 to hit real profitability.
A40 Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held