CMR
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"Wasn't sure if 11 mill will be the final drawdown"Don't think...

  1. defplayer
    3,134 Posts.
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    30/05/08
    12:43
    Post #: 3791322
    "Wasn't sure if 11 mill will be the final drawdown"

    Don't think so. They spend $8m a qtr, maybe more next qtr because of increasing activities and cash inflow not expected next qtr. Maybe another two drawdowns I would say. More dilution as each drawdown is accompanied by options to the lender. Hopefully no more hiccups.
    CMR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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