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March 7 (Reuters) - RMG Ltd (RMG) : COMPANY EXPECTS IT WILL...

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    07/03/19
    16:30
    Post #: 37688327

    March 7 (Reuters) - RMG Ltd (RMG) :

    • COMPANY EXPECTS IT WILL CONTINUE TO HAVE NEGATIVE OPERATING CASH FLOWS FOR FORESEEABLE FUTURE
    • CO IS IN DISCUSSION WITH VARIOUS INTERESTED PARTIES FOR A FUNDING PROPOSAL
    • COMPANY IS UNDERTAKING COST-CUTTING INITIATIVES WITH A VIEW TO PRESERVE ITS CASH
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