Chance of bankruptcy is very low 68 million from sale of nickel assets. Plus it still have some cash in hand.
With all the cut in R & D and the reduction in production cost we should see them with positive cash flow at least. But the depreciation and impairment will bring it in to negative net profit. But that's only on paper.
Even last quater if kzl didn't purchase the new copper asset and no massive r & d as well as the 10 m reduncy they prob could of been cash possive.
But ATM the most important is to have positive cash flow. Worest come to worst admiral bay can be sold for 50 million.
Furthermore Mux shares can be sold for more cash.. Can't really go bankrupt this quater.
More interested in what baal garmon is producing.
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