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if pno announcement is huge obj will bolt, page-8

  1. makattack
    34,916 Posts.
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    21/01/10
    14:42
    Post #: 6230906
    It said relating to the status of production. But you do have to ask with no cash left ($462K at end of September - would be all gone now almost 4 months later) and ramp up of production, how could they continue without a cash injection? I'd probably guess a cap raising or a partnership arrangement with another organisation or both. Educated guess. Cap raising.
    OBJ Price at posting: 4.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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