wouldn't be surprised if another raising is in the offing.
balance sheet was a screwed at June 30 and we know production in this Q will be lucky to exceed 1,900oz based on Annual Report commentary as at Sept 18 and big fixed costs will weigh heavily...again
Plus their internal cash forecasts probably factored in a not immaterial cash inflow from dumping Ashby shares in now failed IPO so kiss that goodbye.
when will CSVF put a line through its position. down 75% after 10 months. the portfolio manager must surely be reaching a puke point on that position...not that he can get out.
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