By my calcs CGO need cash18 May 2021 00:26
Interims end of November they had £1.1m left on the books... their cash burn for 6month period was £1.1m.
That means theyll run out of cash 6 months from end of November last year, which takes them precisely to the end of this month.
A coincidence the book is so weak? Its going to be 2months before any Coal Offtakes are agreed at the earliest so the only positive news is on the gold asset end of this month