VRE 0.00% 2.0¢ view resources ltd

i think its called survival

  1. 1,478 Posts.
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    Yes, they produced 11,300 ounces in December, but what was the associated cash cost/burn?

    How much net working capital did the company have as at December 31 2007 to fund Bronzewing until cash flow positive and meet its further share of costs/operating losses until Carnilya was cash flow positive?

    Bankers due to review debt facility in the short term.

    Draw your own conclusions.

    I believe they were forced to sell Carnilya to save the company.
 
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