CDR 4.76% 2.0¢ codrus minerals limited

Yes you are right Joyce2 there are still execution risks but to...

  1. 1,377 Posts.
    Yes you are right Joyce2 there are still execution risks but to me the company is still operating and that in itself is a significant achievment. Also, I have no doubt that for the banks to have continued supporting Commander they would have had to be convinced the position was salvagble otherwise they would have demanded sale of the whole business to recover their debt. In terms of reducing debt would not all revenues after operating costs go towards debt reductions?

    Cheers
    SAV
 
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