CDR
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13.3% 2.6¢ codrus minerals limited

You really think the debt will be that low? You are talking...

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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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2.6¢ 		Change
-0.004(13.3%) 		Mkt cap ! $4.300M
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3.0¢ 3.0¢ 2.6¢ $71 2.709K

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