News: MRG Murray River Organics Appoints Graeme Fallet As CFO, page-4

Urgh.. looking at the year end accounts, net debt of $41m and needs to reduce that to $30m in the next 12 months otherwise their financier will call the administrators. How on earth will they do that when the company is burning cash. Cap raiising is impossible unless done at a 80% discount- as done before -but that would not cover $10-20m needed after another year of losses. what assets are left to sell? Need to pull a rabbit out of the hat here..