Just found a flaw in my cash burn reasoning
AND it' kinda large.... so I'd appreciate any corrections
Savanna was settled in Jan 09... for $3.5M cash....
which is a big portion of the 6M/qtr I've used to arrive at the 2M/mth......
Still 4.8M from 31.03.09 to now don't leave much with that 3M covenant looming..
dawn of new u bull, page-13
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