CCE 2.33% 4.4¢ carnegie clean energy limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

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    "FINANCIAL NOTES
    At the end of the Quarter, Carnegie had approximately $2.35m in cash reserves. Careful management
    of company funds and assets continues so that progress is made with highly efficient use of capital.
    The Company remains debt free and in a solid position financially.
    Note 6 to Appendix 4C:
    Payments to related parties of the entity and their associates were made during the Quarter. In total,
    approximately $75.3k was paid to Directors and associates for salaries, superannuation and
    contracted services.
    This announcement has been authorised by the Chairman and Company Secretary."

    Phew...a few more quarters at the very least so enough to see out their current plan.
    GLTAH.
 
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