"The total cashflow for the last two campaigns is negative A$2.09m and hence it is not highly unlikely (or practically impossible) to get positive cashflow of A$50 for phase 1 operations/ with end date 31 December 2010 (it is hard for the next 2 or 3 quarters to get A$48m positive cashflow)".
the corrcet one should be
"hence it is highly unlikely (or practically impossible) to get positive cashflow of A$50 for phase 1 operations/ with end date 31 December 2010 (it is hard for the next 2 or 3 quarters to get A$48m positive cashflow)".
as always, DYOR
CRE Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held