fml cash burn? cash bal. forecasts, cr in fut?, page-3

thanks CW.
you suggest next phase in FML is cost control, turn to 'higher' grade ... and generally that they are moving on from era of high cash cost outlays from one-off operational build, thus net cash flows will stabilise, and cash cycle more likely to upswing hereafter.

i am concerned though, that current liquid cash assets are low, and not enough buffer exists in next 3-6 mths to survive any unbudgeted or outlier 'downside' event

ironically in this climate, any SP rally may entice and empower FML to seek higher CR

again, i appreciate your response

but, i will remain on sidelines , until a little more clarity, .. next production & financial updates may allude if FY11/12 results were structural or cyclical


SH