"Cash flow from the Malaysian project is expected to be sufficient to fund the existing requirements of the Company including implementation of the China gas tank project currently underway following the accreditation received by the AQSIQ as announced in the Company?s market update of April 29,2011."
Extract from the Malaysia project announcement.
I'll bet my bottom dollar this week or next they'll be trying to raise capital because of "insufficient funding".
NBS Price at posting:
5.6¢ Sentiment: Sell Disclosure: Not Held