Steady on chaps. No need to get precious now. I too hold shares in this company and never doubted they would build and commision the processing plant. I also happen to believe that they WILL produce quality collagen and that it WILL make it to market.
The point that I raised in my original message on this thread was that cash reserves appear to be running low. This assessment is based on factual information supplied by the company NOT subjective conjecture on my part.
I'm not suggesting for a moment that CAU will "...close up shop" as "sirbernie" suggested previously on this thread BUT it is conceivable that they MAY need to raise additional cash to keep things going. Obviously this may have a negative impact on share price in short term, which obviously wont sit well with the rampers on this board, but this is a possiblity.
Constructive feedback welcome.
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- cash reserves running out...
Steady on chaps. No need to get precious now. I too hold shares...
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