nailed it on the head I think. Actual Cash on hand will run out next month at current burn rate (560/qtr, 183/month, 339 at end of march) thus they will start dipping into that draw down facility.
Have to be pretty confident to draw down a facility to its max with no income and a low SP to CR with.
Just my 2c, always DYOR.
P.s. well written and ballsy section on Wifi, need more like it. Rest was a bit wishy-washy.
GCN Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
