Hi all and no i didnt listen to the investor call but yes slick there doesnt seem to be any real cost reduction by CBR and the build it and they will come seems to be the business strategy they are adopting !!! and once again how long can a company continue to lose money !!!
Take the last capital raising out of the mix and CBR would be out of money to continue trading How long will the market continue to buy the spin they are continuing to tell the investors Even with the megaline they are putting into place i am sure there will be issues with it as well and one thing to have the production capacity another thing to have the sales for the wheels !!! Even the ev ?? programs they are taking about the first sales ?? will be in 2023 and 2024 Thats 2 years away before the bottom line will see any notable revenue flows As for the C8 Z)06 wheels they will be only an option and no doubt an expensive one at that !!!
CBR Price at posting:
$1.03 Sentiment: None Disclosure: Not Held
