re: Ann: Cashflow Report for the quarter ende...
A good detailed report highlighting many of the threats and opportunities. Key points for me: - Still plenty of cash and burning at an acceptable rate. - Likely to see some major announcements in early 2011 including MCS approval. - Still struggling with the large furnaces in Germany, to the point where several small ones have been sent from Melbourne. Any major orders would be a struggle at present I suspect. - Other aspects of manufacturing seem to be coming together including additional components being sourced from Starck. - Feed-in-tariff values will be the critical turning point for any Aust sales. Although if the manufacturing and retail price really drops due to some German efficiency they might still be in the money at retail feed-in rates, would need to do the numbers.
CFU Price at posting:
14.2¢ Sentiment: Hold Disclosure: Held