positive investment research, page-7

Sadly Opto your noble attempt to pump the gurgling FEA is the equivalent of promoting financial flatulence in a company which has overspent itself. What you claim to be a current report is about as old as me. $25m MIS sales this year (down from $116m last year) with a $200m+ debt and no other cash flow. If you think there is hope please tell us where it comes from yourself; rather resort to the Company blurb. The White elephant timber mill lost $4m+ last year yet you say it will now provide the cash flow to allow the company to survive. Apart from the $25m MIS income above there is no other real cash coming in the door this year, certainly not enough to service the $200m loan. The half share of the woodchip mill makes practically no contribution. They predict themselves they will make a loss last financial year of around $9m and you suggest they are on the road to riches. Opto the Optimist if you have the belief which you demonstrate I suggest you invest in FEA.