Well they have given revenue guidance for the FY 2011, if I recall. Or if they didn't give it directly, we know their average margin, fixed op-ex, and tonnage projections. I don't have it all handy though.. would have to dig it up.
I guess the Croatian deal is anyway very small, as it was only 10% of the RI.ME. deal, which was only one of several. So this deal would only add 2-3% to the committed volumes for 2011 anyway. Not a game-changer, but nice to see continued traction in Europe.
We are still waiting for some progress on the algae-based resin product line, and for them to announce they are cash-flow positive! The cash-flow positive is the trigger, IMO .. for an up-tick and steady PPS rise.
Tykün