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Company Report
Last edited 11 months ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#275
Performance (69m)
-11.8% pa
Followed by
9
Straws
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#Quarterly
stale
Added 11 months ago

A cash flow positive quarterly which is nice. The company is working hard in all their technology areas and the Joint venture/royality strategy seems to be the best way forward for the business! The market clearly think theres another CR to go here before ongoing cash breakeven and i tend to agree. A CR at current levels will be unpleasant dilution for long term holders. I do still maintain that despite this downside the future is bright and im happy to hold for a very long time.

#Newcontract
stale
Added one year ago

Another new contract- this time a $5.6million deal with a uranium miner in south australia to clean waste water from their extraction process! This company keeps quietly kicking goals! Cheap as chips at these prices with a large runway for growth ahead.

happy holder on SM and a large position in RL

#Financials
stale
Added one year ago

First ever cash flow positive quarter!

this has been a slow burner- painful at times but well done to the team on this important milestone. Revenue is lumpy but the large opportunity remains and they are slowly gaining traction!


disc- heli IRL and SM