I agree this company is stable in a difficult trading environment. The loss posted to date is mainly due to the impairment of the Kayelekera asset expense and is not a cash cost but an accounting readjustment and finance costs (which will now reduce following the repayment). Revenue/sales have increased.
Net cash inflow from opertions is now at $216m for the nine months compared to (93.6)outflow at the same period last year. Cash has increased and current liabilities decreased. This company is moving forward even at these depressed U prices. When U pricing starts to move we will see some rapid appreciation in this comapanies SP IMO.
With the proposed sale of a stake in a mine this will further strengthen the balance sheet.
cash analysis, page-10
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Last
$9.72 |
Change
0.090(0.93%) |
Mkt cap ! $2.907B | |||
| Open | High | Low | Value | Volume |
| $9.94 | $10.07 | $9.69 | $34.89M | 3.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3453 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.73 | 4814 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |