They’re gonna need to raise capital again soon, you’d think. Only $10m cash at 31-Dec with $3m negative operating cashflow implies c $7m on a straight line basis at end of March before you take into account the landfill capex and reduced volumes at Maddington as a result of COVID shutdown.
I like the sector and particularly landfill assets but will wait and watch for now
They’re gonna need to raise capital again soon, you’d think....
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