A number of European holders were very happy with the presentation suggesting it was the most honest and clear presentation of the company for some time. The fact they still sticking to guidance after a poor start to January also giving confidence.
Its all down to this quarter and they have more equipment and people on site so turnaround commencing. If they make the numbers then no capital raising and cashflows start to accelerate . Not completely out of the woods but seems more are lining up to buy the stock once they see that the quarterly numbers are met and cashflow turns positive . Volitile but COULD BE BACK TO 35-40C BY MAY JUNE ON GOOD NUMBERS.
Finally some clarity and credibility
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