trading halt!, page-28

Perhaps oversubscribed is just a term used, 33c fire sale smells a little desperate to me. the money gives 12 months to do something, hope it happens.

So far, with this latest bail out, there will be $75mil-$85mil spent and no sign of a significant income for the invested returns.

The 5MW will offset some running costs but that will be all. The 25MW power station will depend on the 5 working smoothly and will cost somewhere in the order of $70mil.

We need to see results now to give market confidence, a 33c fire sale doesn't cut it for me.