TSXV:MRS.H - Post by User
Comment by
RBon May 31, 2018 9:49am
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Post# 28104582
RE:MRS still has to find financing IMO!
RE:MRS still has to find financing IMO!Morning Rob, Assuming COGS of 40% which is pretty normal in manufacturing, material costs should be in the 30M range which they should be able to fund. Keep in mind the initial P.O. does not have to be for the full 50MM, that number is for the full year total. I would be disappointed to see a PP at such low levels, because if the finally announce a real P.O. we should be trading at multiples of where we are. GLTA