The 30/6 quarterly shows cash at 14.6M.
I was hoping they could start generating income from multiple projects using all their cash + borrowings from the clean energy fund. They would be making a solid return on their funds spent and on the clean energy's funds.
Originally the return on "a project level" was to be 15%, but costs are going up and project uptake is slower than expected. Atleast the new CEO is telling us all this.
Ann: Appendix 4C - Quarterly-GDY.AX, page-21
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