CFO 0.00% 1.9¢ cfoam limited

Who gives a toss about the gap! Lets talk fundamentals!, page-17

  1. 431 Posts.
    lightbulb Created with Sketch. 1
    Hi @skyscrapper99, as I mentioned in my earlier post; I completely agree with you that we are definitely due for a contract signing, or at the very least more detailed updates on progress with named partners, value of potential contracts, etc. But, as I also said, I deduced from my conversation with Mike that such news would only arrive after the quarterly. So, as stated earlier, I would suggest it to flow through in the coming weeks/months. Little more patience, I guess. But massive rewards ... IMO.

    Re calculations; I was under the impression that 1 pellet was 1.64 cubic feet; this is what I have in my notes. I will try and find where I found this. Thats why I came to 1889 cubic feet needed for Naval contract. No idea why I wrote $17M though ... must have been off with the fairies. Adjusted, using my method, naval contract comes in at $52M in total. But, if you are correct that 1 pellet is 1 cubic foot, then fantastic as the naval contract is worth more ($24.8M more it seems by your calc). Will check into why I have 1 pellet = 1.64 cubic feet ... could well be wrong, but will let you know.

    We all want the same thing at the end of the day. Just trying to help out.

    All the best.
 
watchlist Created with Sketch. Add CFO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.