They will have enough money to finish the project. $12.1 cash on hand $10 SPP $19 Credit Suisse $41.1
Expected spend = $31.8
SO they have $10 mill up there sleave .. Plus the $ 9 million in production will see cashflow in 1stQTR CY13. It just depends on how much.... SO we should be right till then.
The numbers that make me worry are the 7.3 in admin. $2.5 in wages and $5 for finance ????? What sort of upfront fee have they been screwed on ? Would like to know the details of this ...... or is the money going to a dodgy reed consulting company
NMT Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
