Please tell me how they are going to fund anything without a CR?
I am trying to work out the cash situation but it is muddy with the takeover. By my calcs they have less than 12 months and maybe less than 6 months cash after paying for CEN shares and the loan to CEN plus normal expenditure.
I am LT bull but can't see how they go forward without a CR within 3 months and at the moment that would most likely be between 12-15c which I would try to participate in.
- Forums
- ASX - By Stock
- RUM
- nearly there....
nearly there...., page-3
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit