1. Most Discussed
  2. Gainers & Losers
OBJ 2.9¢

Cash receipt WILL finally flow..

  1. SDJungwirth

    498 Posts.
    I steel this from Hiroic's recent post, but finally it seems clear based on this quote from Glyn:

    "So the initial fees from P&G should be seen during this half."

    Perhaps $20k perhaps $50k whatever it maybe it will increase each quarter from here on into the future. For all those who have been in long term, congratulations on waiting for this significant milestone in OBJ's history. A revenue stream for the very first time directly linked to our technology being incorporated into a commercialised product and we are less than three months from seeing it.

    A whole bunch of firsts - what an exciting time for a company. While mining companies and other biotech's are negotiating and communicating grand plans around their potential future revenue, OBJ has finally cracked cash flow. I am ripping Q2 2015 (Oct-Dec) will be our first 4C presenting positive cash - and the first of many more to come.

    Good luck to all.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.