with regards to being tight on cashflow is that including the cash they wil receive in the next month or two for the 2T they have already transported and have already expensed in the last quarter(1.3m already shipped in last quarter)
Karara will have 200m after the 50:50 placement and they should get another 150-200 for the shipments.
This gives them about 350-400mill ball park by april
How much will they need to spend till ramp up if they said they are broaly in line with budget estimates for the capex? This is all running cost now isnt it?
GBG Price at posting:
27.5¢ Sentiment: LT Buy Disclosure: Held