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mark5150

02/27/23 12:55 PM

#17782 RE: gclaes #17780

Haven't seen the 2022 4th quarter or Annual report yet. It'l be a while before we see this 1st quarter.

old man river

02/27/23 1:06 PM

#17785 RE: gclaes #17780

It is common for start ups to have tonnage but have no margins as the productivity is not quite there. Once the bugs are worked out, there is a question of local taxes and the cost of capital (principal and interest payments). CLNV has not put up any significant amount of cash yet so another party would want to see some return. Depending on the nature of the deal, we could see negative net cash flows for a year or so.