hmmm cash on hand $3m, debt facility with MBL $80M, working capital facility $5m. gosh the CR funds appear to have been decimated - and IMO no short term prospect to CR again for a while or until SP increased substantially. IMO am concerned about the debt levels now and funding of same. given what occurred last wet season and beyond (to some extent) it is of a concern that if something else doesn't go to plan what financial impact that may have on the company finances (particularly given current debt levels). all IMO so DYOR and form ur own opinions.
time will tell. hopefully all goes to plan and cash starts to accumulate in the bank and SP lifts.
WDR Price at posting:
28.5¢ Sentiment: None Disclosure: Held
