The Comvita chairman is adamant the company can navigate through a third consecutive poor honey season without raising capital despite forecasting a $6 million loss.

However, Neil Craig acknowledges investors are concerned after the natural health products company issued another profit warning yesterday.

"Raising capital is an option for us, but it's not necessary," Craig told the Herald when asked about the pressure building on Comvita's balance sheet amid high debt and falling earnings.

"We have significant bank headroom … we said that at the half-year announcement because we know it's a perceived issue. But it's not an issue for


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