OTCPK:PILBF - Post by User
Comment by
amgn68on Nov 08, 2014 5:12pm
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Post# 23110382
RE:RE:RE:Polaris announces 2014 third quarter financial results
RE:RE:RE:Polaris announces 2014 third quarter financial resultsThx for your thoughts. I just went through the numbers. The bottom line is this is going to take a lot longer than I thought to get profitable. They were 170,000 tons at $12.31 short of break even. I know this is simple but if we do that over 4 Q's its about another 700K tons. It will be a while before PLS gets to those #'s. Maybe another 2 years. It has been a steady climb and over all not bad at all. TPOLB is still slow and no info on that capital raise. Disappointing on these fronts.