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clock Created with Sketch. 13/10/20
17:58
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Originally posted by garndo:
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CSD are on the hook for C&M costs for the Auctus assets of up to $250k per month from 31 July. With the BOM forecast of a La Nina event (wetter than average wet season, starting earlier), this will result in increased C&M costs over the wet (more pumping, monitoring etc). Another cash draw on top of the cash draw from existing operations (which are not cash generating)
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well shareholders should be used to dilution. cyan stone and management have been doing that to them in size for years now.
