There is a huge difference in burning cash and applying it to other projects ...we don't know at this stage how SVD is going to be funded , debt , pre paid offtakes , reduction in WI, combination of all, the list is endless but you can guarantee they won't do it in a way that will run us out of cash unless raising cash is a better long term option, run it down certainly that's what its there for...
Far to early for these types of discussions anyway, let's see what they come up with for SVD first and what MC comes up with in terms of cash flow...
Cheers Whisky
GXY Price at posting:
$2.16 Sentiment: Buy Disclosure: Held
