CDR
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10.3% 2.6¢ codrus minerals limited

text book despair selling, page-5

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    806 Posts.
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    23/10/07
    19:00
    Post #: 2925178
    It's had positive cash flow every year until the y/e 2007!

    I'll acknowledge that CDR is in a bit of a mess but the guidance for this year is to make a profit and to do that a positive cash flow is required.

    Also if you look at the FY07 result you will see that there is quite a bit of depreciation in there. If you add that back the NPBT is actually positive. The result is not brilliant but that must give some comfort.
    CDR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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