Good work Jake.
Although I can't prevent myself from being persnickety, I note the words "once in mass production." The price at $20,000 is contingent upon a future event, but we don't know when that will be. Being patient is not an option IMHO when faced with share dilution.
My previous post concerned what strategies are currently in place to ENABLE CFU to get into into "mass production" but more importantly to get past break even point.
Therefore, my questions are:
1. How effective have the utilisation of funds from the 2011 capital raising been in driving costs of production down? What is the extent of improvement (if any)? (noting that we are at the end of May, 2012)
2. What are the current impediments in securing substantial orders? (noting that 1 million hours of operation have passed and that various legislative frameworks in key Euro markets are now in place)
3. What selling strategies are currently being employed to attract substantial orders? Should greater incentives be available for the first bulk of orders(noting that customers may either confused about payback periods and/or are not attracted by current NPV analysis)
4. .... (please add).
p.s. Return on investment is not occuring for those who participated in the last cap raising. The SP has been stagnant all year until the recent fall. What will the next SPP be?
I suggest that if and when a capital raising is announced this year, in my view, definitive timelines should be provided concerning when CFU will be "in mass production"!
Good work Jake.Although I can't prevent myself from being...
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