how low do we go...5.8c Mkt cap of $17M. Mgt need to come out with their funding strategy for the Mill and the $35m (for what, when and why) before we hit 1c or less!! Not actually sure how they are going to do this with such a high leverage ratio and looming major problems with the debt markets. Banks are running scared of anything and need real evidence of strong and relaible cash flows to support loan requests. Could be ripe for a takeover if not careful as KMC could be a nice target at these prices (maybe IMO)!! A crazy world we live in.
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how low do we go...5.8c Mkt cap of $17M. Mgt need to come out...
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