CFU 0.00% 0.4¢ ceramic fuel cells limited

Ann: Half Yearly Report and Accounts , page-6

  1. 313 Posts.
    Sales to date are keeping us interested: we hope there a big order around the corner, but a 5-fold increase in sales/revenue off a low base doesn't change the situation much.

    The time-lag from orders being won to money coming in is 6-9 months. With the present cash-burn even a very big order now wont see money coming in before CFU's cash reserves hit worrisome levels again.

    Convincing buyers to pay more upfront, reducing the time to fulfil an order or having huge margins on each sale would help but how likely are those scenarios? Another CR looks almost certain under present constraints, hope I'm wrong.
 
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