From the quarterly Majority of CAPEX for the Coburn mine has been paid. Therefore the cash outflows can be reduced by as much as $22M that came out last quarter. $50M cash + $15M credit facility + $20M undrawn NAIF facility. Key is production, as shipping should sort itself out (it just delays revenue). I don't think it is all doom and gloom.
STA Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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