CRC cortona resources limited
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are we due for a bounce?, page-8

  1. thorburn
    10,404 Posts.
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    13/01/11
    10:36
    Post #: 7727390
    I understand that but if the company is earning $30m nett of production costs it wouldn't take many years to chew through a $40m loan.

    As mentioned if they can get enough resources for 100k/y the loan could be extinguished within 2-3 years.

    Lots of buts though.......

    CRC Price at posting: 18.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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