News outclose to 40,000 tonnes for the year
the good news is revenue was C$666,000 for 9,000 tonnes delivered this quarter at around 40 % gross margin ... $265,000 gross profit or close to C$30 per tonne
the rest should produce the same cash flow or close to C$1 million total for the 40,000 tonnes
next year's 200,000 tonne target should add C$6 million in cash flow or better as prices are going up.
i was anticipating close to 100,000 tonnes this year... press releases have not been clear... no matter... enough cash plus a bit of bank financing for expansion... next year looks much better