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M8S m8 sustainable limited

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I do not think any cash required soon. that money was being used...

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stardestr0yer

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29/03/20

13:05

Post #: 43758122
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Originally posted by Artvandelay01: ↑

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

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I do not think any cash required soon. that money was being used to develop their new facility and existing facility is revenue generating. I am expecting an update any day ;-)

M8S Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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I do not think any cash required soon. that money was being used...

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