I was at the Presentation in Perth last night and whilst the...

I was at the Presentation in Perth last night and whilst the question of a CR was posed and MD did not deny that it would be required soon he did say that they were expecting a significant sized cheque from the ATO which would boost cash reserves. I got the feeling it would not be for at least 6 months but I could be wrong.

On a more positive note I was very pleased with the presentation and the professionalism and knowledge of the MD. The company appears to have a plan of diversifying within the renewable/alternative energy space. Have a read of the presentation. You will note a reference to it.

Let's hope the next 12 months are better than the last !