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7,151 Posts.
2294
04/03/19
09:39
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How much product are you expecting them to stockpile?
I ask because I notice that the loan has a current asset to current liability ratio of 1.1 as a covenant.
Obviously as they want to be spending cash and this will be quite variable an easy way to have current assets on the books is to stockpile inventory.
Also does anyone know how prepayments are classified now they have been deferred?
Overall good to see them tidying things up and pushing forward. Would love to see some exploration though.
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