GREY:CHALF - Post by User
Comment by
Orwellian1984on Jun 23, 2020 6:52pm
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Post# 31183401
RE:Orwell
RE:Orwell Honestly, I do not know, but I guess very positive. How?
Because they did not have enough cash in Q1 if the cash burn rate stayed the same. But GLH did not need to rais cash and have not issued shares by the end of May at least. This means to me that GLH should be cash positive already with one condition:
If not taking into account the debentures interest. There will be a meeting early July and the aim is to pay the interest by shares.