Navid I hope we don't see a CR but wouldn't necessarily interpret SYR looking at debt options as meaning someone will loan them the money. Would you loan money to someone who only has some money in the bank and spends more than they earn?
Until SYR can show they're cashflow positive I'd be surprised if they get a debt facility. That leaves a race between getting cashflow positive before exhausting cash reserves and requiring a capital injection. Crucial 6 months coming up!
Ann: March Quarterly Activities Presentation, page-123
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22.5¢ |
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Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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