UNV universal coal plc
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price target 20c, page-12

  1. david25
    5,642 Posts.
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    09/05/13
    01:33
    Post #: 11741157
    ok this is what bothers me.

    sales revenue 2014 6.9m 2015 38m
    operating cost 2414 4.4m 2015 23m

    yet in 2015 cash is only 5.4m

    I just dont get it.

    http://www.universalcoal.com/wp-content/uploads/downloads/2013/04/Patersons-Broker-Note-March-2013.pdf
    UNV Price at posting: 6.5¢ Sentiment: ST Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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