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25/04/15
21:50
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Originally posted by Sector Lead
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At end March.
$26.8m cash and gold
$9.5m rehab bonds
$.25m Goldstone holding
$2m Bendigo Plant (for sale).
Total: $38.55m + gold assets
- $6.69m redundancy provisions
- $3.47m mine rehab provision
NET: $28.4m (or 2.49cps) - 1,140,312,866 shares on issue.
By end of 2015.
Estimate + $6m + $5m + $4m from Henty.
Realistic net cash + liquid assets = $43.4m or 3.8c
Not accounting for any assets (Dargues).
Even with a circa 20% discount to cash end 2015, this could easily 2 bag and be under cash.
dyor
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That's one hell of an FA calculation there oh aggressive one. I presume it equates to some $$ in the bank if I'm not mistaken.
I cannot post BL here at this point in time due to your submission to the probability of 1.0 gap closing.
Hope you're happy with yourself, you've killed the party lol......