EXPM:LXRRF - Post by User
Comment by
mjh9413on Jun 21, 2016 3:38pm
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Post# 24984709
RE:RE:RE:RE:Luxor wins another US Contract
RE:RE:RE:RE:Luxor wins another US ContractWell I do not see why one would wait to see qtr's result when we KNOW they did $3.5MM in sales to May 31st from March 31st and they completed the Theodore project recently and have other contracts to continue working on which would presumably be billed on interim basis. Then we trust the unusual start-up costs in prior qtr will at least have subsided to make margins much better overall, and receivables from last qtr will have provided cash flow.