CMR 0.00% 15.0¢ compass resources limited

more delays and higher costs coming, page-44

  1. usp
    449 Posts.
    Hopefully just the first of many such days.
    Replenished the drawer today but haven't thrown away the key yet.
    I'd be very surprised if any cash flow comes in before the bank account runs dry.
    They had $36 mill as of 12/07 with $11 for this Q and whatever out to June brings.
    If they're selling the Copper, they should ? get paid when it's FOB Darwin Port. Likely after 300608, IMO.
    Co and NI go to HNC so don't know when that cheque would arrive.
    Hard for me to see them getting by without needing more cash.
    Still wary after the latest drop. Hope I'm wrong.
 
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