RE: RNS15 Nov 2019 20:12
DB
“I am happy to correct the numbers Mogwhy, but it is at a critical point.”
Good. You need to correct them.
“There are wages to be paid and other fixed costs.”
Well, yes. I think we knew wages had to be paid, but thanks for that.
“ Others have suggested a cash burn of 700k a month. (if you include the interest that is accumulating on a monthly basis)”
That’s a guess, I take it? Who suggested that? Inside information or just a lie?
@WRES need to not only secure the additional loan from somewhere, but they need to have profit positive income from production and soon.”
Anyone can see that. You doubt it, I don’t.
“@North of $43m(I'm including the 700k that has been deferred) is owed to Blackrock, $3m to Caja Rural and possibly soon another $1m to a yet to be disclosed/agreed source. Getting towards $50m when you get to Feb.”
Fantasy figures. Please justify that figure.
“Failure to profitably produce is not an option”
No sh11t Sherlock!! What do you think they are doing? Crushing dust??
Eat my shorts!!
:-))