InvestorsHub Logo
Followers 10
Posts 1734
Boards Moderated 1
Alias Born 10/08/2011

Re: jrf30 post# 1125

Monday, 07/10/2023 6:26:19 PM

Monday, July 10, 2023 6:26:19 PM

Post# of 1150
I imagine the operation is flowing some cash now, since their CSE filing says they will sell about $3.5M this quarter. One perfectly operating module can produce $6.25M per quarter but they are operating under 50% of throughput until the new heater arrives.
It doesn't make sense that they would produce at a loss for the entire quarter since they don't have the cash reserves to survive more burning. If they had lots of cash they might have to eat cash losses while getting used to operating this new plant.