If Uruguay has "weed" oil on the way, the Company is in good shape. However, no photos, and no comment is
not a good indication of imminent cash from this venture.
If Atlanta is in the "selling" mode, yet again, a good sign. But no comment recently??
Cash available based upon historic numbers, including Research dosh, probably gives the Company
another quarter until zero. Surandy is spot on that a placement will be required. The issue is at what price
and hence what additional dilution? The Appendix yesterday has shown that there is much stock out there,
which unfortunately means less share price for any market valuation.
What share price for the future? Will QBL take the Company over? Is there value?
I am finding it difficult to be optimistic.
AEB Price at posting:
2.4¢ Sentiment: None Disclosure: Held