CMQ chemeq limited
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re: cmq cash locked up MHI is making sure that the money is...

  1. abobo
    830 Posts.
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    08/04/05
    11:12
    Post #: 863474
    re: cmq cash locked up MHI is making sure that the money is there to claim back should anything goes wrong!

    Cash at the end of February: $7.4 million
    Cash from MHI: $40 million

    Less:
    Funding Fees & Expenses: $2.0 million
    Minimum cash locked-up in bank: $25 million
    March Expenses (estimate) $2.2 million.

    Cash available: $18 million
    CMQ Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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