CFR cluff resources pacific nl
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where does the money come from

  1. jefferies2
    8,714 Posts.
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    22/11/10
    10:50
    Post #: 7506315
    The announcement says that CFR's contribution is $2.55 million, and that no share issue is required to come up with this money.

    Yet the last financial statement says that CFR has $445,000 in cash.

    Where does the extra money come from? Am I missing something?
    CFR Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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