capital raising v credit, page-8

I can't see anyone lending money to CFU until it's at least cashflow-positive enough to meet the interest bill, or can convince a lender such cashflow is a certainty soon. That will need a lot of sales and upfront payments, too many I fear. Given the cash available versus ongoing spending obligations I don't see an alternative to a raising. Hope I'm wrong.

Here and on other sites (interactive investor uk, for example) there are some saying profitability isn't far off. There're about 270M in accumulated losses to be worked through, profitability is many moons away.