CGP consegna group limited
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$ 318.000 cash at the end of quarter seems to be alarming but :...

  1. Steini
    14,159 Posts.
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    31/07/13
    23:11
    Post #: 12138591
    $ 318.000 cash at the end of quarter seems to be alarming but : They still got about $ 5m

    Credit standby arrangements–Lind facility.

    Credit, not convertible notes. Now we know how they will finance the upcoming production and so far there is no need for a CR. If they really start selling late 2013 / early 2014 then the sp will shoot up very high.

    Looks very good atm.
    CGP Price at posting: 4.7¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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