CFU ceramic fuel cells limited

Don't disagree that the CR was a strong possibility. However I...

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    Don't disagree that the CR was a strong possibility.

    However I am not sure where the 30million comes from and how the "additional proceeds will provide the Company with further working capital required to leverage economies of scale by placing volume orders with suppliers and to implement further value engineering to drive down manufacturing cost"

    So last year it was 20million odd from memory. For that we got the doors open for another year, we sold 200odd BlueGens and 200odd Gennex units. We were also strengthened in the cashflow dept with regards to sitting down and negotiating deals

    So 30million sounds to me like keeping the doors open another 12 months and buying some materials in larger volumes to drop unit costs.

    I am concerned because I cant see how this arrangement means CFU feel they will be selling fuel cells anytime soon?!? You dont want to be going to the fountain too often asking for a drink. Say its 10million operating cash and 20million for volume orders, how much revenue would that be for the company?

    I dont understand the make up of the CR?
 
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