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Genco Shipping & Trading Ltd. Message Board

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  • semper_grumpy semper_grumpy Nov 1, 2012 3:41 PM Flag

    GNK will have big negative cash flow for Q3

    So, at current current cash burn rates, the company is good for 5 years.

    Of course, they WILL have to address the debt payments in 2014.

    But, at current rates, 2013 is in the bag.

    Not that I would be buying...

 
GNK
6.15-0.02(-0.32%)Jul 27 4:02 PMEDT