There won't be any factory or shed or anything I suspect:
Note 1 : reasons:
●The board is exploring realisation strategies for the Ballarat land, including via a potential JV or sale;
●The board is exploring realisation strategies for the consolidated entity's other non-current assets via potential sales;
●The company has a proven ability to raise capital via both debt and equity and can access further funding if required over the next 12 months to pay debts and when they fall due; and
●The consolidated entity's administration costs have been reduced from $1,648,630 in the December 2017 financial half-year to $1,326,872 in current financial half-year. The board are currently reviewing the consolidated entity's operations and have identified significant further costs savings
Read the accounts, the numbers say it all.
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There won't be any factory or shed or anything I suspect:Note 1...
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