The thing is - if you look at the last presentation, CBH is in good shape - cash in the bank, and access to 40million for future development.
They have Rasp...don't need a lot more in cash to get this into production and then Panorama after that. The future is looking bright.
Why would the company even contemplate the Nyrstar offer - unless they were using it as a New Year's party joke?
what was management thinking!, page-9
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