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clock Created with Sketch. 28/07/23
10:17
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Originally posted by 2ic:
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I had them at $40M end June and making money Sep Qtr. Then again, the Shaw report hadn't dropped and I was more than a little guided by the glowing reports on HC from his Noosa presso that things were on the up and up, 75% production rate next bla bla. Plus they have a $15M NAB credit line untouched.... so everything pointed to $50M of liquidity heading into a cash generating Sep Qtr, so a CR was off the table.
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I was so pizzed with you as I spoke to them, they told me the market was getting it all wrong and they even thought about sending a 20T or 30T shipment to bolster cash and take that concern away from the market. I listened and added.
(20min delay)