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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by nanaimo16on Dec 18, 2012 10:26pm
282 Views
Post# 20748715

RE: RE: RE: RE: RE: RE: Good asset value and equit

RE: RE: RE: RE: RE: RE: Good asset value and equit

300M in assets and 100M debt. As we can see cash flow is the killer here. Typically an outfit needs to be able to either sell assets that cannot destroy the ability to operate. One would think stockpiles go first. Another option is to sell back some of the equipment purchased and then Lease the equipment back. They could be very close to covering the $2.5M and simply have just mist the payment date by days.

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