Operating Cash Flow - Cash burn significant
Am a long term holder in the stock having gone through all downs, ups, downs and now ups again. Question to the experts here: operating cash burn is significant. I was of the opinion that through the stock pile (sold at depressed prices) GXY can remain cash neutral. Obviously not possible. If current market conditions persist I conclude that GXY will need to raise funds with the next 3 quarters if cash burn continues at the same rate. Anyone who can comment on liquidty management going forward and mitigants to my concern(s)?
Banter and General Comments, page-16050
-
- There are more pages in this discussion • 4,982 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)