GREY:MRRCF - Post by User
Post by
JordanMichaelon Mar 16, 2019 8:55am
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Post# 29495262
Cash burn
Cash burn
yes they are going to burn through cash in the next 3months with everything going on. They will also likely draw down on the remaining 3 facilities from alpha blue in this quarter, q2 2019. Q3 and q4 will also burn through cash, there is alot of business ventures to fund. However q3 and q4, we will most likely be generating enough revenue to fund our projects ourselves. Debt and dilution will calm down in the remaining 2 qtrs of 2019