Only £600,000 left of loan facility6 Apr 2011 15:40
.......would be damn right embaracing for Seaenergy management.......not to conclude sale before new loan facility is required......Cash burn has been £2 million per month since the £4.6 million loan facility started in January......Money could run out in a week.....therefore......IMHO the deal is likely conclude this week or the company will be at the mercy of the banks......GLA Regie