CST 7.23% 7.7¢ castile resources ltd

malta, not quite able to follow your thinking.As at the latest...

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    malta, not quite able to follow your thinking.

    As at the latest quarter CST was cash flow NEGATIVE.

    Let's assume sales for 06/07 of approx $10 million increase to $20million (roughly 1 million tests) for 07/08. So for 07/08 let's assume a continuation of the gross profit percentage of about 50% that then gives a rough gross (trading) profit figure of around $10 million, maybe even a bit more.
    Unfortunately for shareholders that is not the end of the math, from that $10 million (+?) gross profit we then have to deduct those unfortunate niggly little operating expenses such as salaries, marketing, etc, etc. which appear to be running at $8 to $10 million p.a.
    Net result probably would be break even or a bit better for 07/08 at that level of sales.
 
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