Just some maths which keep running around in my head. Creditors....

Just some maths which keep running around in my head.
Creditors. 50 mill ( approximately )
Presale money. 26 mill ( approximately )
Forgetting all the other loans, options, lines of credit. ...... say 76mil

Theres 36 odd months left of mainly mid - low grade ore left to process over that period including the gravity they had trouble with.
So if they make around 2 million profit, per month, they might just be able to pay back the current accounts.

My question is how many months have they actually made a cash profit....... or any profit.

I liken this to a poorly duck that has absolutely no feathers, one leg and poor eyesight crawling to the the timber block to have its head off.
Pretty much plucked.
DYOR