C79 - Chrysos Corporation

[Dona Ferentes]

Its an interesting one, @Dona Ferentes, on face value the 4C looks terrible, continuation of revenue growth with no sign of any of it flowing to the bottom line. When you look thru the numbers though, the problems are the high staff costs and massive capex spend. So there may be a point where it does start to scale, just depends how and when the capex spend drops and whether the staff costs are relatively fixed as revenue scales up.

You question is exactly right IMO, whether or not they can start "making it back", will be the indicator of whether or not its an investible business. Stays on the watch list for now!

It would be an intensive and costly set of operations to install and optimise operations, on locations throughout the world.

Just watching