CE1 12.5% 0.9¢ calima energy limited

It says no less than 85%, it might be more but we all know to...

  1. 103 Posts.
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    It says no less than 85%, it might be more but we all know to expect the worst case with calima. It says they have 4mil in cash+ 12.5mil from sale+ whatever cashflow they generate in q1 (remember we are at peak production + no drilling so low capex). Why do they need all this cash?
 
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0.9¢ 1.0¢ 0.9¢ $120.4K 13.19M

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