Thanks for the info FRB.
Even at $23M, at the current SP GBP is almost 75% cashed backed.
Look at OEX it has dropped nearly 50% after it peaked at around 35c @ a market cap of above $80M. Its got around $20M. After the miss its trading in the teens with a market cap of $38M.
I cant see much risk with GBP at the current SP level, unless the oil price tanks.
Ann: Quarterly Cashflow Report , page-9
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