AZC australian zircon nl
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Must still have close to $10 million cash at bank to pay off...

  1. ENIGMA
    1,328 Posts.
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    08/09/08
    13:13
    Post #: 4241126
    Must still have close to $10 million cash at bank to pay off debt?

    Two train loads per week and cash flow positive. Three per week over the next few months should send them well into the black!

    If so, $40 million in debt remaining (minus cash) with EBITDA of $20 million. Seems good odds to me!

    Tarde safe!


    AZC Price at posting: 11.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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