So, we have a present cash reliance on the CN deal, which to date has seen market selling. Cash draw is dependent on this, with a downside of a viewpoint of VA presumably if it is not there. We have other viewpoints of 3.0 to 3.3 by year end, which presumably is dependent on significant updates which blows out the downselling, or allows CR on its back without using the CN and post dilution leaves the viewpointed 3.0 to 3.3
How big a CR is needed to get outside of the downselling? You have at least one more hit on the CN, and presumably a bit more ruby sales at say 30-50% discount on the previous price achievement as you are not continuing and the market knows you have to get rid of your employees and overheads sooner than later.
Trying to calculate the size of the announcement, timing, and CR necessary to see through the end of year and into maiden. A premeptive investment convertible to an offtake?
- Forums
- ASX - By Stock
- Ann: Amended Cashflow Report for June 2018 Quarter
So, we have a present cash reliance on the CN deal, which to...
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla