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1,189 Posts.
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28/10/14
10:59
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Glad to see the CAP board taking the necessay action, just goes to show what debacle this whole affair has become.
It appears that Silvergate has no funds and that our current burn rate, CAP's short to medium cash position remains weak at best.
At the moment the market is only assigning less than $5 million to CAP's ownership percentage of Hawsons.
With iron ore in the doldrums, internal hostilities and our cash position, the future is........a worry.
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