CG1 carbonxt group limited

Ann: CG1 restructures Black Birch Lease and extends SPP, page-4

  1. 460 Posts.
    lightbulb Created with Sketch. 109
    this news shows just how bad things are at CG1. We can't pay you the full rent we are contracted to, so how about we pay you half in cash and half in shares. Hey its better than putting us into administration right?

    oh and to pay the half rent we still need to raise capital from shareholders, and guess what we are struggling to do that too. I mean who is lining up to sink more cash in here?

    That $15M secured debt looking very shaky right now, i would not want to own that, let alone the equity.

    Building a new facility without off takes in place. What could go wrong!!!
 
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Mkt cap ! $28.46M
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Last trade - 16.21pm 07/08/2025 (20 minute delay) ?
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