CDR codrus minerals limited
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a good read, page-13

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    806 Posts.
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    24/04/08
    01:11
    Post #: 3622440
    You really think the debt will be that low? You are talking about CDR finding a total of about $100m from sales and from free cash flow.

    Cashflow is positive now apparently but barely so. Sales to date have been small in size. I really cannot see a debt reduction of more than say $20-30m and even that might be a tall order.

    I'm happy to be corrected if somebody knows better.
    CDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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3.7¢ 		Change
-0.002(5.13%) 		Mkt cap ! $7.649M
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