Fasctrack......there have clearly been sales taking place this fiscal year (see my prior post), and multitudes of other potential sales and projects in various states of action. As we have seen before, not all of these projects may be finalized. On the other hand, we are also seeing new potential sales pop up nearly every day.
In any event, I would expect to next hear about new KDS projects directly from the following sources via the new FASC, PacWest, and St-Malo websites next.......followed by the financial statements.
The exact timing of all of this will depend on the cash flow circumstances which stem from what I mentioned in the prior post.....i.e. the timeline of completion from the actual sale document to the receipt of final payment from the client.....a process that probably takes about 3 months in total.
I am not saying you are doing this....but sitting in the back seat repeating "Are we there yet?" every other minute simply ignores the actual facts/due diligence of the current situation.
One other quick point......when multiple sales via one client take place, the picture we have been focused on......one sale per client.....makes a dramatic change.....in terms of ALL things FASC.
To that end........the $130+ million Sawipac palm plant project in Indonesia is scheduled to break ground this month.
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