CDR 0.00% 2.0¢ codrus minerals limited

from cnn website, page-3

  1. 1,302 Posts.
    lightbulb Created with Sketch. 21
    well they have already sold 1 business for $10mil and plan to sell another 4 - 5 so lets multiply that out and we could have $50mil repaid quick.

    Plus the fact that the business will be more lean and mean will see debtors fall also the number of bank guarantees reduce so I would imagine net debt falling by 50 - 100 mil over the next 12 - 18 months

    There is nooooooooooo way the banks would have given them breathing room if they thought the business was broken !
 
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