CMQ 0.00% 8.3¢ chemeq limited

new cash burn

  1. 654 Posts.
    Looks like they've got it down to $1.585m per month, including interest payment

    With $15.4mil left, that gives them just under 10 months to live... assuming they make it past Jan!

    Clearly nobody is in a hurry to hand them $60mil to buy out the existing bondholders. It's no wonder with yet another month of no cash coming in, must be well on the way to a half year report of $0 sales
 
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