CFO 0.00% 0.2¢ cfoam limited

Ann: Operations and Activities Update, page-20

  1. 2,237 Posts.
    lightbulb Created with Sketch. 35
    Happy with that!

    I've read it twice now and am still pleasantly surprised with the amount of work that has been completed in the past few months, especially considering the intervention of Christmas holidays and the cold winter weather conditions in Triadelphia WV.
    Cash also looks ok to me;

    * Cash burn of US$2.6mil
    * Cash at bank US$3.4mil
    * Promissory note availability US$4.8mil at between 2% and 3% interest. I’ll take that.

    Bring on next week.
 
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