Margins, margins, ,margins.....Took home 614 000 on 2.4 million in sales. Can't beat that. As usual, there are a few things missing going forward but management doesn't over sell unless there is money in the bank.
Based on previous performannce and news releases, I would think that the Haida G'Wai expansion is going forward again sometime this year with matched funds from the federal government. I think it's on par with with last years project...I think.
They are working with Washington First Nations
Set up an office in Scotland. Still no numbers but unless Dylan is getting a paid early retirement, there has to be a reason. Looking forward to this one.
There used to be news releases about South Africa. Havn't heard anything. But if it was cancelled, one would think that would be material for a company this size, considering they outsourced a local company and they havn't closed it's doors (Bright Access) I think it's a going concern. I predict surprises out of this country.
All in all, this is fantastic. The only critisim I have is that they said they would release news on a regular basis last quarter. I wish they hadn't wrote that. It doesn't fit with managements m/o. The other is at least a forward looking guidance. With 10 million in rev so far, I wonder what is in the pipeline for the remaining 2 months of the quarter?
I'm keeping my money where my mouth is, and holdinng. Can't buy more, but not selling.
BWB