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If the company was just cashflow positive at the end of Feb#...

  1. moorookamick
    7,501 Posts.
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    18/03/19
    23:47
    Post #: 37803867
    If the company was just cashflow positive at the end of Feb# after selling 30K ton of HMC & it intends to sell another 20K ton in March, then its gross
    profit for the Qtr ought to be $171.6* x 20k or $3.43 mil. + $570K for a total of $4 mil. (IMO)

    # say $570K
    * gross margin/ton as per CY 2019 company forecast
    IMA Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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