Afternoon Treefern, thanks for the questions. Allow me to come back to you with some thoughts when I have some time. There have been a couple of things that I have noticed that (rightly or wrongly) raise a few eyebrows.
To be very clear though, I think it’s great that CBA have come to the party, it shows confidence from a big 4. However It needs to go to R&D for CETO solely and shouldnt become working capital for Kalbarri or GIMG because the projects have been underpriced which is clearly a major issue in the business (a simple inference from financials). Debt has a role to play but I personally felt the timing is interesting in light of projected outgoings.
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