RIC 1.08% $2.80 ridley corporation limited

eer Any profit from this product is quite a way off yet. The...

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  1. 16,815 Posts.
    eer

    Any profit from this product is quite a way off yet. The trial at the Yamba site is going to cost 1.5million, I think that is cheap considering the possible outcome.
    What concerns me is when they go into the full scale production at Yamba will they be using cash in the bank or will they be having a cap raising of some sort?
    There really was no mention of the cost of setting up the commercial production.
    Any ideas how much that will cost and if they will use existing funds or not?
 
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