Ann: Carnegie Wave Energy Ltd Quarterly Report-CWE.AX, page-3

13 mil cash at bank with another 13 in undrawn govt grants and a 21 mil loan facility i think speaks wonders for the management teams ability to raise capital without diluting our holdings or negatively effecting current holders.
further 800k for the Mauritius is also a good sign i thought and 200 k for ceto 6 design was good news!

reassured of my current position after having a browse through it.
the underlying financials in the back of the report are what they are for a company like this, but still they were pretty inline with my personal expectations