RFE 0.00% 0.0¢ series 2018-1 reds trust

What is this funding imminent??They are required to have a...

  1. 235 Posts.
    What is this funding imminent??

    They are required to have a certain cash to debt ratio and with only $15m in cash at end of quarter I can not see how they would meet any ratios they have given their quarterly cash outflows.

    They look short cash to me, and have a deteriorating share price due to companies execution of their project. Not a good scenario.
 
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Currently unlisted public company.

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