CBR 0.00% 13.5¢ carbon revolution limited

I found a terrifying fact. This year, crev received 2 loans, one...

  1. 157 Posts.
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    I found a terrifying fact. This year, crev received 2 loans, one at the end of May for 60m and recently, 35m cash plus 35m restricted cash from OIC. So, in total, that should be 130m. However, last week crev stated that they have 35m cash and 44m restricted cash in their accounts, a total of 79m.
    Thus, 130m - 79m = 51m. They burned through 51m cash in these six months, and this 51m is not in Australian dollars, but in US dollars!
    What a crazy world.
 
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