AI
Tuesday, September 15, 2009 7:05:07 AM
CCGY new plant is fully funded now.
Just a quick note to help point folks in the true direction. The 2nd question on the 2q09 CCGY conference call was about working capital and capex financing for the new plant. Management's answer was as follows:
1.) The construction of the plant is 100% funded, now, at the time of this call.
2.) No further financing is required to fund the working capital of the plant.
3.) There are no other capital requirements needed to fund the plant.
I'd say that just about covers it!
The plant is fully funded...no further funding is required...and they have 100% of the funding they need. Yes...I'd say that's all the angles.
Just a quick note to help point folks in the true direction. The 2nd question on the 2q09 CCGY conference call was about working capital and capex financing for the new plant. Management's answer was as follows:
1.) The construction of the plant is 100% funded, now, at the time of this call.
2.) No further financing is required to fund the working capital of the plant.
3.) There are no other capital requirements needed to fund the plant.
I'd say that just about covers it!
The plant is fully funded...no further funding is required...and they have 100% of the funding they need. Yes...I'd say that's all the angles.
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