CCF carbon conscious limited

ccf business model, page-12

  1. 10,123 Posts.
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    I tend to agree with MJS.

    I haven't crunched the numbers on cash flow, but if they are building assets, which can be used to raise debt against, then your cash flow arguement is nul and void as you have not included this "cash flow" from debt against assets.

    If there is $16m profit forcast in FY13, then increasing the NTA is a very important factor in the SP.
 
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