OLY 0.00% 4.0¢ olympio metals limited

potential multi baggers zircon player, page-5

  1. 277 Posts.

    I mean in a financial sense. From previous announcements the idea seemed that they're basically trading ziron on behalf of a couple of Chinese customers, like being a purchasing agent. I couldn't work out at the time why the Chinese dont just buy it directly, cause they dont usually go for a western company acting as a middleman, quite strange. I'm trying to look at the cash flow and see what the cost of goods sold and revenue for this business is, are they really making a decent margin on this? If so its a winner, but they need to start delivering on a lot of promises before being taken seriously.
 
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