FMJ fortis mining limited
Add to My Watchlist 0.00% ! $1.00

citic gem funding

  1. GolfR32
    432 Posts.
    lightbulb Created with Sketch. 52
    clock Created with Sketch.
    21/04/11
    16:33
    Post #: 8303661
    What are your thoughts on the funding structure with Citic Gem?

    My concern is Management can now start paying themselves large salary packages and issue Appendix3B notices to keep the cash drip going? The cash burn rate needs to be kept well in control when you have easy access to a large source of funds?

    Am I being too cynical?
    FMJ Price at posting: $1.86 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.