News and media, page-309

Then you’re double counting revenue.
You started this conversation comparing the net profit of eco fibre and Croplogic and suggesting that Croplogic will have a higher net profit this year than eco fibre had last year.
I gave an estimate of $17m total costs.
You tried to debunk this estimate by adding up the costs yourself but for some reason you added net cash outflows. You also incorrectly stated that they have a balance date of 30 June and used figures from the wrong period. You suggested I’m fear mongering by inflating costs when I am simply adding them up from the 4C.
Now you’re saying that you were only trying to determine cashflow to see if they need to capital raise.
i don’t necessarily think they need to capital raise in the near future btw. Loan Maturity dates are a long way out.