MRM 0.00% 33.0¢ mma offshore limited

Breakeven, page-25

  1. 3,607 Posts.
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    AHS,

    "c/flow break-even in 2019" .......kind of highlights that even with a (modest) inc in utilisation - this thing wont generate enough cash to pay back its debt ....... this implies cap mk 2 in fy19/20 ....

    concur with Jet / anti - that punter is simply "sitting there" doing exactly what he is told to do - by the lenders ......

    only other option - is to merge with someone ........

    but - said bankers have to be paid 1st ......

    lolz....

    V_H
 
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Currently unlisted public company.

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