yes definitely worth a listen. If you want to be balanced, I think the only negative from a financial perspective is that the company is targeting cashflow break even in FY22 rather than towards the end of FY21.
but once you take into account the terms they’ve been able to refinance the Ronal debt facility, bridge capital isn’t as much of an issue.
CBR Price at posting:
$1.70 Sentiment: Buy Disclosure: Held