What do you mean risk41? I see on the last quartlery that cash was 21m where are you getting 17m from?
I must say reading up about the technology alot more and teh fact the CEFC really wants to push this with grants the biogas area does look like a decent area of growth. The company has a sound background in the area having already built 10 projects. With the company priced at a market cap of 11m its almost priced for bankruptcy. The technology is never going to be a massive money spinner but with a few positive results under the belt hte company could easily re-rate to 20-30 cents? What do people think about that is it realistic?
Ann: Appendix 4C - Quarterly-GDY.AX, page-20
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