CNW 0.00% 6.1¢ cirrus networks holdings limited

Ann: Coal Sale - Two leases sold for $3m , page-27

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  1. 6,475 Posts.
    lightbulb Created with Sketch. 60
    The sale only contributes an upfront of $500K.
    Also look at the cash burn rate

    Current cash burn will probably result in nil cash by year end, unless a new deal(s) can be done. Unlikely, although a trade opportunity may present on a (needed) pump and dump.
 
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