RE:RE:Improving MarginsThe cost of the move won't hit debt all at once and as the year progresses GCL is making money. Could it make $40 million in EBITDA this year before the cost of the move? Given how prices are falling maybe GCL will be able to save some money too.
pennylane101 wrote: The cost of the move is in the high teens to low twenties and this is in millions of dollars.Their net debt is now above $52 million and unless, as they claim, they can fund the move through organic growth, their debt levels will balloon to over $70 million. It is a bit risky with interest rates on the rise and I can see why investors are hesitant to drive the price higher.