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4.29% 6.7¢ copper search limited

debt close to being paid off

  1. Ivanovich
    3,488 Posts.
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    28/03/09
    00:40
    Post #: 4954043
    The announcement today stated Customers had $26.05M debt before the $4.2M from the options sale is applied. Add the $5M from the sale of SPS to come. Leaves $16.82M debt.
    With the free cash flow arising from DC the debt will be paid
    in the near term. Begs the question...what will management do with all the cash ?
    CUS Price at posting: $1.66 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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