Does Model Work?, page-4

its up to around $25m fum but that doesn't include all the cash that sits on the platform but isn't invested in a bookbuild which they get a fee (admitably) smaller fee from. Just read in the AFR that they have a $6 mill & a $4mill biohub plant underway atm. The biohub one is really interesting because if its successful apparently there is more than 90 other ones in the pipeline. SO i think there is definitely a path to success if some of these projects go through