I"ve had the opportunity to review the Euroz research report,...

I"ve had the opportunity to review the Euroz research report, and suggest all Euroz clients get a copy of it,
it is an interesting read.


Euroz is concerned about a liquidity squeeze in Q 2 2015

They pointed out 2 scenarios

A) "Likely liquidity squeeze in Q 2 where the company's cash position reduces to near $0 million

B) "A scenario where a short-fall presents itself and insufficient funds are available to meet the
required expenditure payments"

I'll let you guys draw your own conclusions about this.

I'm looking foward to reading their annual finacials that are due at the end of Feb.


Cheers Hayley.