Post by
Toelder on Apr 02, 2020 2:54am
It is not over yet
There is still a good chance they get the 3 additional months to show they can turn things around.
Comment by
Patrick12 on Apr 02, 2020 3:49pm
Their Q3 financials indicate total $8M short-term debt. Considering additional buring in Q4, they should have minimum $10M - $12M short-term debt as of now. Combined amount of current and next crop should be about 100kg. At current market price, they can sell at $3/g. You do the math if that is enough to turn things around.