I don’t know how dire the cash situation is, but it can’t be...

I don’t know how dire the cash situation is, but it can’t be good imo.
And I agree.. if we get excited that they won’t have to pay wages, well I think that sums up how well the whole thing is going..

the plant isn’t running, it’s as simple as that… they ran the roaster up for a short period to dry out refactory and produce the tiny bag of product. Which was conveniently placed into a big 1tonne bag.

obviously chasing the government Refund.. which still hasn’t seemed to show up ? I think they were banking on already having that cash by now ?? A they’re possibly too far stretched and the invoices are still rolling in from the build of the pilot plant.

It’s quite simply in my eyes.. no cash coming in, heaps going out.. how much is left ? Who knows… if any ??? I always take worse cases when investing.

I still hold yes.. 4% of my portfolio so it’s not super cut throat at the moment. I’ll see what comes out of it tomorrow an make a call on it