Erin owes FAR $2.4m.... and counting?.... at year end... read the AR,,,,,, it is listed as a doubtful debt.... so scrub that off the receivables..... and the cash position looks...….well,,,, like most LTH's....... imo
FEED costs are not cheap.... USD13m FAR's share...… sooo…..most of the year end cash is … committed ..i.e..... goneski….imo…
Desperate times....imo… forget new drills..... all focus will be on avoiding FID default.....imo
Careful.
DYOR
The Gambia and Guinea-Bissau, page-23
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48.5¢ |
Change
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Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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