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1,347 Posts.
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15/11/13
10:57
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ferg
how can you say the burn rate is $750k per month.
The AZC funds were earmarked for construction and kept separate.
The placements have been for working capital.
if we were to take your tact then APG has had a burn rate of $1.0m a day albeit only for 1 day.
Construction of capital projects does not require a continued so call burn rate and if fluctuates.
Personaly
I cant wait until the burn rate is nil.
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