Friday, May 08, 2020 10:22:01 PM
Post R/S Q on the 14th
109-135 mil O/S
Quarterly Operating costs est. under 55 mil
Full production mode with 2.0 sales for the entire Q
Over 500 staff cut prior to current Covid events about 2 months should reflect in this Q
Germany issues resolved should reflect in this Q
Streamlined processes should drop production CPG to below .85
Stores were fully functional through this Q
All projects halted should reflect for 2 months in this Q resulting in major savings for the Q
This is how the company should have been operating for a long time when it was obvious the extra grow operations were not needed for many years to come.
With all the understandable negatives about the company I think it will change it’s ways and that will be evident in the coming Q. I am not saying all issues will be resolved, not by a long shot but this Q will be a determining factor on wether the company dies, survives or thrives.
Let’s face it if the company turns a profit anytime soon things will be much different after the R/S and a low O/S.
Here’s to hoping everyone can make a profit short or long.
GLTA
Recent ACB News
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/29/2024 11:40:29 AM
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- Aurora Cannabis to Host First Quarter 2025 Investor Conference Call • PR Newswire (Canada) • 07/29/2024 11:00:00 AM
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