RE:RE:RE:os is Q3 the current expectation for debt target? mnztr wrote: Difficuit to say as there is clearly a lot of investment to be done to get it producing. But even at market its 422m market cap.
They already own 22% of it so another $330 million would buy it and depending on its profitability, it might be a wise idea to gobble it up before it gets too expensive..?
The metrics and balance sheet are clean..
Quote: Financial "Coelacanth estimates that it had approximately $67-million of positive working capital and no debt at the end of 2023. Financing of its budget is anticipated to come from cash on hand, cash flow and short-term debt."