sidr ... I can handle most things (including the rubbish the...

sidr ... I can handle most things (including the rubbish the Directors come up with ... that last announcement was simply appalling ... "Gold production is continuing unabated, with gold continuing to be poured each week and
sales well in excess of A$1,200 per ounce”. Typical CTO speak ... do they take us as morons.

Also ... this statement is misleading ...
"-cto now has funding, up to $35m"
$10m of this is g-o-n-e.
The $15m loan is a m-y-s-t-e-r-y. Speculation is that it is either too hard to draw down on (ie: conditions) OR they don't want to draw down on it as it places an encumbered debt on the company.

So, "Where is the cash coming from to keep the doors open" ... are they "self funded" or have they drawn down on the LOC??

3 rules of business ... cash flow, cash flow, cash flow.

They are running very close to the bone.

So, another 6 months is OK (just, for me) … can they last though??