CG1 1.32% 7.7¢ carbonxt group limited

a daily close below 10 cents will be a disaster, page-13

  1. 1,292 Posts.
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    any forward projections are dependent on one factor

    that being their capability of actually getting this new plant past the first base

    will there even be enough cash left ,before the make the first tonne , that is the question

    shareholders need an assurance that another capital raise will not be required , we think at least one will be required
    they do not have nearly enough funds to get to that point
    and lenders will not be forgiving when that clause is violated

    there are a lot of hurdles before they even get to production
 
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