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Re: Helium-3 post# 9857

Monday, 05/15/2017 4:39:10 PM

Monday, May 15, 2017 4:39:10 PM

Post# of 12924
Not really. 0.36 versus my 0.55 seems like a big difference but anything can happen here.

Consultancy looks ok. Revenues are actually up a lot (+$15M) considering Triway doesn't count anymore.

I think the problem is profit from Triway. 2,758,855 is a bit low. Not the 80% EBITDA increase we should be getting. Then again, I didn't know they were still upgrading the farms in Q1. Perhaps they booked 23.89% instead of 36.6%. I still don't know.

Still reading

Apart from seeking equity financing from Stage 4A, Triway is also working with other lenders to secure debt financing (in addition to its working line of credit discussed in previous reports), wherein one lender who had begun its due diligence during April 2017 is nearer to providing a formal loan proposal and/or letter of credit at commercial rate to Triway (Stage 4B). Even though the lending facility will be less than what is targeted to be procured in the pre-IPO offering, it will provide Triway with initial capital funding to continue moving the project forward until additional funding is secured through the pre-IPO process.



Come on Garrett, you can do this.

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