Positive news and moving in right direction.So we need to raise...

Positive news and moving in right direction.So we need to raise 50 mill. Hopefully this is not new shares issued at a discount...

So 50000 tpa is about 7 million profit on current prices. And the company will be capped at about 130 million if a cap raising is done. PE of about 18. Meh. Step in right direction but not amazing.
Still hoping its done with bank debt/cornerstone then we will see. Good to see it all moving ahead anyway