TSXV:NLH - Post Discussion
Post by
BetulaKapital on Mar 12, 2022 6:23am
The snowball is rolling
ERC receivable of $1,772,744 (Q1-Q3), and: As I wrote the other day, the CEO was waiting for the next payment in Q1 and that it will probably end in September. This together with:
"The Company had a cash balance of $ 1,733 million as of December 31, 2021, as well as full access to the unutilized revolving credit facility of $ 1,183 million (CAD $ 1.5 million);"
Shows that you will have $4.5M more acquisitions if you expect the rest of the business to go flat. As I have mentioned before, however, I believe that real growth in EBITDA will be shown during all of the 2022 quarters.
This without new issues of the share or loans. The CEO has previously stated that the more the company now begins to grow, the more the company will be given the opportunity for larger and more favorable loans in the future.
In other words: The snowball is rolling!
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