So sorry Phil, for all of us that lost significant cash on this.
My thoughts are htat they will be close to insolvent trading after the end of April IF they pay all the bills due - and I hope there is a watchdog awake.
That's why a placement must come again - or they use the Global drawdown facility. How ridiculous.
Macca, it's probably in the 'bills awaiting payment' file, and you've seen the 5B cash burn and would have some idea of running costs, rent in that areas, wages and the like..... Maybe he'll get a flight riddled with swine flu after the AGM.
CVI Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held