massive announcement, page-3

Hi Marmaduke. Yes the company has liquidity concerns and may need to sell earlier than preferred. But the Taralga Wind Farm assets are quality assets and even as a so called distressed seller a sale will dramatically improve their balance sheet. In fact if total debt stands at around $15 million as you say it may eliminate the majority of their debt.

I'm interested to know how the UK bonds are going. If investors have responded well to these bonds this may be timely liquidity for the company. I'd like a market update from the company on this.

Overall I think CBD is a good speculative play now that Taralga has been locked in. This reduced risk significantly in my view. On market selling volume is also diminishing now.

If the NASDAQ announcement comes I think it will be too late to get on board and I've now purchased the allocation I wanted. It's relatively small compared to my other investments but risk/reward is high with CBD.

Dreamcatcher