my revised nta take is now 1.32, page-18

Plenty of commentary here in regards to NTA...

Unfortunately, it means very little, and the market obviously views the figures thrown around here as being WAY off the mark.

At the end of the day, CER has a massive debt to service within twelve months, and therein lies the problem IMO...the market can smell another debt to equity deal...it does not believe that CER will be able to repay that debt via asset sales.

OZL minerals, whilst in another sector and just to name one company, have had enormous difficulty finding any buyers for their assets, and refinancing has been out of the question to date...their assets far outstrip their debt....this is just indicative of the current conditions across the board, as we all know.

The question I feel CER holders must ask themselves, is where are the funds to pay off $1B debt owing in less than twelve months, going to come from?